FedEx is set to report earnings after the bell

FedEx is expected to report its third-quarter results after the bell on Tuesday.

Here's how Wall Street expects FedEx to do:

• Earnings per share: $3.11, according to analysts surveyed by Refinitiv.
• Revenue: $17.67 billion expected, according to analysts surveyed by Refinitiv.

Last quarter, FedEx lowered its full year 2019 earnings guidance to a range of $15.50 to $16.60 per share, down from $17.20 to $17.80 per share. Analysts expected $17.33 per share. The company cited a deceleration in global trade.

FedEx also said that despite a strong U.S. economy, its international business weakened during the second quarter, especially in Europe.

This is a developing story. Check back for updates.

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