Investing.com – TJX reported on Wednesday fourth quarter that beat analysts’ forecasts and revenue that topped expectations.
TJX announced earnings per share of $0.81 on revenue of $12.21B. Analysts polled by Investing.com anticipated EPS of $0.77 on revenue of $11.82B. That with comparison to EPS of $0.68 on revenue of $11.13B in the same period a year before. TJX had reported EPS of $0.7 on revenue of $10.45B in the previous quarter. Analysts are expecting EPS of $0.62 and revenue of $9.84B in the upcoming quarter.
TJX shares are down 2.19% from the beginning of the year , still down 7.12% from its 52 week high of $64.30 set on February 20. They are outperforming the S&P 500 which is down 3.59% year to date.
TJX shares gained 6.16% in pre-market trade following the report.
TJX follows other major Services sector earnings this month
TJX’s report follows an earnings beat by Amazon.com on January 30, who reported EPS of $6.47 on revenue of $87.44B, compared to forecasts EPS of $4.04 on revenue of $86.03B.
Alibaba ADR had beat expectations on February 13 with third quarter EPS of $18.19 on revenue of $161.46B, compared to forecast for EPS of $15.91 on revenue of $159.7B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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