On Thursday, August 22, Ross Stores ROST will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.
Earnings and Revenue
Wall Street expects EPS of $1.12 and sales around $3.96 billion.
In the same quarter last year, Ross Stores reported earnings per share of $1.04 on sales of $3.74 billion. If the company were to post earnings inline with the consensus estimate when it reports Thursday, EPS would be up 7.69%. Sales would be up 5.94% on a year-over-year basis. Ross Stores's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q1 2019 | Q4 2018 | Q3 2018 | Q2 2018 |
| EPS Estimate | 1.120 | 1.13 | 0.9 | 1.01 |
| EPS Actual | 1.150 | 1.13 | 0.91 | 1.04 |
Stock Performance
Over the last 52-week period, shares are up 12.86%. 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 average rating by analysts on Ross Stores stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
