© Reuters. TJX Earnings, Revenue Beat in Q1
Investing.com – TJX (NYSE:) reported on Wednesday first quarter that beat analysts’ forecasts and revenue that topped expectations.
TJX announced earnings per share of $0.44 on revenue of $10.09B. Analysts polled by Investing.com anticipated EPS of $0.301 on revenue of $8.55B.
TJX shares are up 4% from the beginning of the year, still down 4.65% from its 52 week high of $74.61 set on May 10. They are under-performing the S&P 500 which is up 9.9% from the start of the year.
TJX shares gained 2.61% 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 April 29, who reported EPS of $15.79 on revenue of $108.52B, compared to forecasts EPS of $9.54 on revenue of $104.51B.
Alibaba ADR had missed expectations on May 13 with fourth quarter EPS of $10.32 on revenue of $187.4B, compared to forecast for EPS of $11.16 on revenue of $187.37B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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