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Ross Stores Earnings, Revenue Beat in Q3 -Breaking

by Mike Robinson

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© Reuters. Ross Stores Revenue Beats in Q3

Ross Stores (NASDAQ) reported Thursday its third quarter results, which beat forecasts by analysts and exceeded expectations.

Ross Stores reported earnings per share at $1.09 for revenue of $4.57B. Investing.com polled analysts and predicted an EPS of $0.7863 for revenue of $4.33B.

Ross Stores shares have risen 83% since the start of the year. However, they are still 10.74% below their 52-week high of $134.16 on May 10. They outperform the stock, up 27.89% over the previous year.

Ross Stores shares rose 1.46% after hours trades following the news.

Ross Stores continues to follow other significant Consumer Discretionary sectors earnings this month

Ross Stores reports on a Toyota Motor ADR earnings beat on November 4. Toyota Motor ADR reported EPS at $3.96 for revenue $66.4B. Forecasts were for EPS at $2.81 for revenue $63.44B.

Amazon.com disappointed with its third quarter EPS at $6.12 on revenues of $110.81B on October 28, compared to the forecast of EPS at $8.9 for $111.55B.

Keep up to date with all the earnings reports coming soon by visiting Investing.com’s earnings calendar

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