TJX Earnings Beat, Revenue Misses In Q2
2022.08.17 15:38
TJX Earnings Beat, Revenue Misses In Q2
Investing.com – TJX (NYSE:TJX) reported on Wednesday second quarter earnings that beat analysts’ forecasts and revenue that fell short of expectations.
TJX announced earnings per share of $0.69 on revenue of $11.84B. Analysts polled by Investing.com anticipated EPS of $0.6691 on revenue of $12.09B.
TJX shares are down 12% from the beginning of the year, still down 13.83% from its 52 week high of $77.35 set on January 4. They are under-performing the S&P 500 which is down 9.67% from the start of the year.
TJX shares lost 1.16% 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 July 28, who reported EPS of $-0.2 on revenue of $121.23B, compared to forecasts EPS of $0.1199 on revenue of $119B.
Tesla had beat expectations on July 20 with second quarter EPS of $2.27 on revenue of $16.93B, compared to forecast for EPS of $1.81 on revenue of $16.54B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
