TJX

The TJX Companies, Inc. Q4 Profit Beats Estimates

(RTTNews) - The TJX Companies, Inc. (TJX) revealed a profit for fourth quarter that beat the Street estimates.

The company's bottom line came in at $1.398 billion, or $1.23 per share. This compares with $1.403 billion, or $1.22 per share, last year.

Analysts on average had expected the company to earn $1.17 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period fell 0.4% to $16.350 billion from $16.411 billion last year.

The TJX Companies, Inc. earnings at a glance (GAAP) :

-Earnings: $1.398 Bln. vs. $1.403 Bln. last year. -EPS: $1.23 vs. $1.22 last year. -Revenue: $16.350 Bln vs. $16.411 Bln last year.

-Guidance: Next quarter EPS guidance: $0.87 to $0.89

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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