Ross Stores Earnings, Revenue Beat in Q3 By Investing.com


© Reuters. Ross Stores Earnings, Revenue Beat in Q3

Investing.com – Ross Stores (NASDAQ:) reported on Thursday third quarter that beat analysts’ forecasts and revenue that topped expectations.

Ross Stores announced earnings per share of $1.00 on revenue of $4.57B. Analysts polled by Investing.com anticipated EPS of $0.81 on revenue of $4.36B.

Ross Stores shares are down 14% from the beginning of the year, still down 20.61% from its 52 week high of $123.36 set on November 17, 2021.

Ross Stores follows other major Consumer Discretionary sector earnings this month

Ross Stores’s report follows an earnings beat by Amazon.com on October 27, who reported EPS of $0.28 on revenue of $127.1B, compared to forecasts EPS of $0.22 on revenue of $127.76B.

Tesla had beat expectations on October 19 with third quarter EPS of $1.05 on revenue of $21.45B, compared to forecast for EPS of $1 on revenue of $21.98B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

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