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On Tuesday, Mar. 5, Ross Stores (NASDAQ:ROST) will release its latest earnings report. Here is Benzinga's outlook for the company.
Earnings and Revenue
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Wall Street analysts see Ross Stores reporting earnings of $1.13 per share on sales of $4.05 billion.
In the same quarter last year, Ross Stores reported earnings per share of 98 cents on revenue of $4.07 billion. If the company were to match the consensus estimate when it reports Tuesday, earnings would be up 15.31 percent. Revenue would have fallen 0.44 percent from the same quarter last year. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q3 2018 | Q2 2018 | Q1 2018 | Q4 2017 |
| EPS Estimate | 0.9 | 1.01 | 1.07 | 0.93 |
| EPS Actual | 0.91 | 1.04 | 1.11 | 0.98 |
Stock Performance
Over the last 52-week period, shares are up 21.48 percent. Given that these returns are generally positive, long-term shareholders are probably happy going into this earnings release. Analyst estimates have adjusted higher for EPS and revenues over the past 90 days. The popular rating by analysts on Ross Stores stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Conference Call
Ross Stores's Q4 is scheduled to hold a conference call at 4:15 p.m. ET and it can be accessed here: https://edge.media-server.com/m6/p/ikedche3
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.