FedEx is set to release their FQ4’18 earnings report on Tuesday, June 19th, after the market closes.

The Estimize consensus projects an EPS of $5.78, which is more bullish than Wall Street’s EPS estimate of $5.71. Estimize predicts FedEx’s revenue to come in at $17.261B, whereas Wall Street projects a lower amount of $17.186B.  For EPS, Estimize projects a year over year growth rate of 36%, and Estimize predicts a year over year growth rate for revenue of 10%.

FedEx has had impressive earnings over recent quarters, and is projected to perform well again this quarter. The economy has been on FedEx’s side, with an ever-increasing demand for online shopping and shipments.  Furthermore, FedEx is expecting to continue their growth in both their Freight and Ground divisions. Investors are noticeably predicting more bullish results for the upcoming quarter, partially due to the fact that FedEx has beaten estimates over the last few quarters.