TJX reported second quarter earnings that matched analysts' expectations on Tuesday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.62 on revenue of $9.78B. Analysts polled by expected EPS of $0.62 on revenue of $9.9B. That compared to EPS of $0.5 on revenue of $9.33B in the same period a year earlier. The company had reported EPS of $0.57 on revenue of $9.28B in the previous quarter.
TJX shares lost 0.97% to trade at $51.05 in pre-market trade following the report.
TJX follows other major Services sector earnings this month
On July 25, Amazon.com reported second quarter EPS of $5.22 on revenue of $63.4B, compared to forecasts of EPS of $5.56 on revenue of $62.52B.
Alibaba ADR earnings beat analysts' expectations on Thursday, with first quarter EPS of $12.55 on revenue of $114.92B. analysts expected EPS of $10.3 on revenue of $111.83B
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