TJX Companies (NYSE:TJX)' stock experienced a slight dip of 0.23% to close at $88.07 on Wednesday, underperforming against the gains of S&P 500, Dow, and Nasdaq. Over the past month, the company has seen a decrease of 0.46%, exceeding both sector and S&P 500 losses.
Despite this recent downturn, the upcoming earnings report is projected to reflect a year-on-year increase in earnings per share (EPS) of 12.79% at $0.97. Revenue is also expected to rise to $13.05 billion, marking a 7.3% increase from the same quarter last year.
According to Zacks Consensus Estimates, TJX Companies is predicted to witness annual earnings growth of 19.61% and revenue growth of 7.54%. These figures are backed by recent estimate adjustments that reflect near-term business trends and analysts' confidence in the company's profitability.
In the past 30 days, the consensus EPS projection for TJX has risen by 0.05%, indicative of positive revisions in the company's financial outlook.
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