© Reuters. TJX Earnings Beat, Revenue Misses In Q1
Investing.com – TJX (NYSE:) reported on Wednesday first quarter that beat analysts’ forecasts and revenue that fell short of expectations.
TJX announced earnings per share of $0.68 on revenue of $11.41B. Analysts polled by Investing.com anticipated EPS of $0.6056 on revenue of $11.61B.
TJX shares are down 25% from the beginning of the year, still down 27.36% from 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 lost 2.90% in pre-market trade following the report.
TJX follows other major Consumer Discretionary sector earnings this month
TJX’s report follows an earnings missed by Amazon.com on April 28, who reported EPS of $-7.56 on revenue of $116.44B, compared to forecasts EPS of $8.35 on revenue of $116.45B.
Tesla had beat expectations on April 20 with first quarter EPS of $3.22 on revenue of $18.76B, compared to forecast for EPS of $2.26 on revenue of $17.87B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar