TJX (NYSE:TJX) reported first quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $0.57 on revenue of $9.28B. Analysts polled by anticipated EPS of $0.55 on revenue of $9.22B. That compared to EPS of $1.13 on revenue of $8.69B in the same period a year earlier. The company had reported EPS of $0.68 on revenue of $11.13B in the previous quarter.
TJX shares gained 0.94% to trade at $53.47 in pre-market trade following the report.
TJX follows other major Services sector earnings this month
On April 25, Amazon.com reported first quarter EPS of $7.09 on revenue of $59.7B, compared to forecasts of EPS of $4.7 on revenue of $59.7B.
Alibaba ADR earnings beat analysts' expectations on May 15, with fourth quarter EPS of $8.57 on revenue of $93.5B. analysts expected EPS of $6.56 on revenue of $91.54B
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