Advertisement
U.S. markets closed
  • S&P 500

    5,254.35
    +5.86 (+0.11%)
     
  • Dow 30

    39,807.37
    +47.29 (+0.12%)
     
  • Nasdaq

    16,379.46
    -20.06 (-0.12%)
     
  • Russell 2000

    2,124.55
    +10.20 (+0.48%)
     
  • Crude Oil

    83.11
    -0.06 (-0.07%)
     
  • Gold

    2,254.80
    +16.40 (+0.73%)
     
  • Silver

    25.10
    +0.18 (+0.74%)
     
  • EUR/USD

    1.0791
    -0.0039 (-0.36%)
     
  • 10-Yr Bond

    4.2060
    +0.0100 (+0.24%)
     
  • GBP/USD

    1.2625
    -0.0013 (-0.10%)
     
  • USD/JPY

    151.4310
    +0.1850 (+0.12%)
     
  • Bitcoin USD

    70,914.67
    +1,518.48 (+2.19%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • FTSE 100

    7,952.62
    +20.64 (+0.26%)
     
  • Nikkei 225

    40,168.07
    -594.66 (-1.46%)
     

Ross Stores's Earnings: A Preview

Ross Stores (NASDAQ: ROST) unveils its next round of earnings this Thursday, August 20. Here is Benzinga's everything-that-matters guide for the earnings announcement.

Earnings and Revenue

Sell-side analysts are expecting Ross Stores's loss per share to be near $0.3 on sales of $2.41 billion. Ross Stores EPS in the same period a year ago totaled $1.14. Sales were $3.98 billion. If the company were to report earnings in line when it publishes results Thursday, earnings would be down 126.32%. Sales would be down 39.45% from the year-ago period. Here's how the company's EPS has stacked up against analyst estimates in the past:

EPS Estimate

0.06

1.25

0.97

1.12

EPS Actual

-0.29

1.26

1.03

1.14

Revenue Estimate

2.12 B

4.36 B

3.77 B

3.96 B

Revenue Actual

1.84 B

4.41 B

3.85 B

3.98 B

Stock Performance

Over the last 52-week period, shares are down 16.71%. Given that these returns are generally negative, long-term shareholders are probably unhappy going into this earnings release.

View more earnings on ROST

Don't be surprised to see the stock move on comments made during its conference call. Ross Stores is scheduled to hold the call at 16:15:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/rxhdhuyg

See more from Benzinga

© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Advertisement