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TJX Earnings Beat, Revenue Misses In Q1 -Breaking

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© Reuters. TJX Earnings Beat, Revenue Misses In Q1

TJX (NYSE 🙂 announced Wednesday that the first quarter ended with revenue and forecasts that were higher than expected.

TJX reported earnings per share at $0.68 for revenue $11.41 billion. Investing.com polled analysts to predict EPS at $0.6056 on $11.61B revenue.

TJX shares have fallen 25% since the start of the year. However, they are still 27.36% below its 52-week high of $77.35, set on January 4. They are under-performing the S&P 500 which is down 14.21% from the start of the year.

TJX shares fell by 2.90% during pre-market trading following the release.

TJX tracks other key Consumer Discretionary industry earnings this month

TJX reports on an Amazon.com earnings miss on April 28th, which reported EPS at $-7.56 per $116.44B on revenue. This compares to the forecasts of EPS at $8.35 for revenue $116.45B.

Tesla beat all expectations with its first quarter earnings per share of $3.22 on $18.76B in revenue, as compared to the $2.26 forecasted for $17.87B revenue.

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

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