Investing.com - TJX (NYSE:TJX) reported third quarter earnings that missed analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $0.54 on revenue of $9.83B. Analysts polled by Investing.com expected EPS of $0.61 on revenue of $9.5B. That compared to EPS of $1 on revenue of $8.76B in the same period a year earlier. The company had reported EPS of $0.5 on revenue of $9.33B in the previous quarter.
For the year, TJX shares are up 22.52%, outperforming the S&P 500 which is down 1.54% year to date.
TJX follows other major Services sector earnings this month
On October 25, Amazon.com reported third quarter EPS of $5.75 on revenue of $56.58B, compared to forecasts of EPS of $3.08 on revenue of $57.11B.
Alibaba earnings missed analyst's expectations on November 2, with second quarter EPS of $1.4 on revenue of $85.15B. Investing.com analysts expected EPS of $6.85 on revenue of $52,109M
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