Ross Stores Earnings inline, Revenue Beats In Q4

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© Reuters. Ross Stores Earnings inline, Revenue Beats In Q4© Reuters. Ross Stores Earnings inline, Revenue Beats In Q4

Investing.com – Ross Stores (NASDAQ:) reported on Tuesday fourth quarter that matched analysts’ forecasts and revenue that topped expectations.

Ross Stores announced earnings per share of $1.26 on revenue of $4.41B. Analysts polled by Investing.com anticipated EPS of $1.26 on revenue of $4.36B. That with comparison to EPS of $1.2 on revenue of $4.11B in the same period a year before. Ross Stores had reported EPS of $1.03 on revenue of $3.85B in the previous quarter. Analysts are expecting EPS of $1.25 and revenue of $4.05B in the upcoming quarter.

Ross Stores shares are down 6.1% from the beginning of the year , still down 11.95% from its 52 week high of $124.16 set on February 20. They are outperforming the which is down 7.47% year to date.

Ross Stores follows other major Services sector earnings this month

Ross Stores’s report follows an earnings beat by Alibaba ADR on February 13, who reported EPS of $18.19 on revenue of $161.46B, compared to forecasts EPS of $15.91 on revenue of $159.7B.

Walmart had missed expectations on February 18 with fourth quarter EPS of $1.38 on revenue of $141.7B, compared to forecast for EPS of $1.44 on revenue of $142.54B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

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