Kohls Corporation (NYSE:KSS) is reporting third quarter earnings results on Tuesday 17th November 2020, before market open.
The consensus estimates from Thomson Reuters are loss of $ 0.43 per share from $ 3862.66 million in revenue.
For the full year, analysts predict revenues of $ 15310.30 million, while looking forward to loss of $ 3.2 per share.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 4.20 ~ $ 4.60 per share
Click Here For More Historical Outlooks Of Kohls Corporation
Previous Quarter Performance
Kohls Corporation disclosed income for the second quarter of $ 1.51 per share, from the revenue of $ 4,430.00 million, On adjusted basis, KSS reported income for the quarter of $ 1.55 per share. The quarterly earnings declined 14.20 percent while revenues fell 3.06 percent compared with the same quarter last year. According to street consensus, KSS was expected to report 2Q20 income of $ 1.53 per share from revenue of $ 4204.19 million. The bottom line results beat street analysts by $ 0.02 or 1.31 percent, at the same time, top line results outshined analysts by $ 225.81 million or 5.37 percent.
Stock Performance
Shares of Kohls Corporation traded up $ 1.89 or 7.79 percent on Monday, reaching $ 26.15 with volume of 14.86 million shares. Kohls Corporation has traded high as $ 26.27 and has cracked $ 24.80 on the downward trend
According to the previous trading day, closing price of $ 26.15, representing a 122.77 % increase from the 52 week low of $ 10.89 and a 59.05 % decrease over the 52 week high of $ 59.24.
The company has a market capital of $ 4.13 billion and is part of the Consumer Cyclical sector and Department Stores industry.
Recent Analyst recommendations
- On 21st September 2020, maintained by Bank of America at Buy rating, with $ 30.00 target price.
Conference Call
Kohls Corporation will be hosting a conference call at 9:00 AM eastern time on 17th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.Kohls.com
Kohls Corporation operates as an omni-channel retailer in the United States. Its stores and Website offer apparel, footwear, accessories, beauty, and home products. As of February 2, 2019, it operated 1,159 department stores; a Website Kohls.com; and 12 FILA outlets, and 4 Off-Aisle clearance centers.
