The TJX Companies, Inc. (NYSE:TJX) apparel and home fashions retailer, is reporting third quarter earnings results on Wednesday 18th November 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 0.40 per share.
For the full year, analysts predict revenues of $ 32211.90 million, while looking forward to income of $ 0.14 per share.
The Company Outlook
Full Year 2021 bottomline are predicted in a range of $ 2.77 ~ $ 2.83 per share
Click Here For More Historical Outlooks Of The TJX Companies, Inc.
Previous Quarter Performance
The TJX Companies, Inc. announced loss for the second quarter of $ 0.18 per share, from the revenue of $ 6,668.00 million. The quarterly revenues decreased 36.20 percent compared with the same quarter last year. According to street consensus, TJX was expected to report 2Q21 income of $ 0.52 per share from revenue of $ 9868.04 million. The bottom line results missed street analysts by $ 0.7 or 134.62 percent, at the same time, top line results fell short of analysts by $ 3 million or 32.43 percent.
Stock Performance
Shares of The TJX Companies, Inc. traded up $ 0.05 or 0.08 percent on Tuesday, reaching $ 61.14 with volume of 9.77 million shares. The TJX Companies, Inc. has traded high as $ 61.52 and has cracked $ 59.12 on the downward trend
According to the previous trading day, closing price of $ 61.14, representing a 86.71 % increase from the 52 week low of $ 32.72 and a 5.94 % decrease over the 52 week high of $ 64.95.
The company has a market capital of $ 73.31 billion and is part of the Consumer Cyclical sector and Apparel Stores industry.
Conference Call
The TJX Companies, Inc. will be hosting a conference call at 11:00 AM eastern time on 18th November 2020, to discuss its 3Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.tjx.com
The TJX Companies, Inc. operates as an off-price apparel and home fashions retailer. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International.