The TJX Companies Earnings Preview: Can This Streak Continue?
The TJX Companies (NYSE:TJX) will report earnings before markets open on Tuesday, May 21st. The TJX Companies, Inc. is an off-price apparel and home fashion retailer in the United States and worldwide. The Company operates off-price retail concepts in the U.S., Canada and Europe that offer a wide range of brand name and designer merchandise.
Here is your Cheat Sheet to The Tjx Companies Earnings:
Earnings Expectations: Analysts expect earnings of $0.63 per share on revenues of $6.16 billion. Currently, the company’s P/E ratio stands at 20.18.
Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.64 and has not changed. For the current year, the average estimate is a profit of $2.84, which is better than the estimate ninety days ago.
Here’s how The Tjx Companies has been performing on an annual basis:
|Revenue ($) in millions||19,000||20,290||21,940||23,190||25,880|
|Diluted EPS ($)||1.00||1.42||1.65||1.93||2.55|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jan. 31, 2012||Apr. 30, 2012||Jul. 31, 2012||Oct. 31, 2012||Jan. 31, 2013|
|Revenue ($) in millions||6,710||5,798||5,946||6,411||7,724|
|Diluted EPS ($)||0.6220||0.55||0.56||0.62||0.8206|
The Tjx Companies has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)