TJX Earnings, Revenue Miss in Q1

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TJX announced earnings per share of $-0.74 on revenue of $4.41B. Analysts polled by Investing.com anticipated EPS of $-0.02 on revenue of $5.82B. That with comparison to EPS of $0.57 on revenue of $9.28B in the same period a year before. TJX had reported EPS of $0.81 on revenue of $12.21B in the previous quarter. Analysts are expecting EPS of $0.18 and revenue of $7.03B in the upcoming quarter.

TJX shares are down 16% from the beginning of the year , still down 21.71% from its 52 week high of $64.95 set on February 26. They are under-performing the S&P 500 which is down 8.42% year to date.

TJX shares lost 3.64% in pre-market trade following the report.

TJX’s report follows an earnings missed by Amazon.com on April 30, who reported EPS of $5.01 on revenue of $75.45B, compared to forecasts EPS of $6.16 on revenue of $73.74B.

Visa A had beat expectations on April 30 with second quarter EPS of $1.39 on revenue of $5.85B, compared to forecast for EPS of $1.34 on revenue of $5.72B.

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

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