Investing.com - TJX (NYSE:TJX) reported first quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $0.57 on revenue of $9.28B. Analysts polled by Investing.com forecast EPS of $0.55 on revenue of $9.22B. That compared to EPS of $1.13 on revenue of $8.69B in the same period a year earlier. The company had reported EPS of $0.68 on revenue of $11.13B in the previous quarter.
TJX shares gained 0.94% to trade at $53.47 in pre-market trade following the report.
For the year, TJX shares are up 18.4%, outperforming the S&P 500 which is up 14.67% year to date.
TJX follows other major Services sector earnings this month
On Thursday, April 25, 2019, Amazon.com reported first quarter EPS of $7.09 on revenue of $59.7B, compared to forecasts of EPS of $4.7 on revenue of $59.7B.
Alibaba ADR earnings beat analyst's expectations on Wednesday, May 15, 2019, with fourth quarter EPS of $8.57 on revenue of $93.5B. Investing.com analysts expected EPS of $6.56 on revenue of $91.54B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar