Ross Stores Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Ross Stores, Inc. ROST will release earnings results for its third quarter, after the closing bell on Thursday, Nov. 21.

Analysts expect the Dublin, California-based bank to report quarterly earnings at $1.4 per share, up from $1.33 per share in the year-ago period. Ross Stores projects to report revenue of $5.15 billion for the recent quarter, compared to $4.92 billion a year earlier, according to data from Benzinga Pro.

On Oct. 28, Ross Stores named James Conroy, a seasoned retail CEO, as Chief Executive Officer, succeeding Barbara Rentler effective Feb. 2, 2025.

Ross Stores shares rose 0.1% to close at $139.32 on Wednesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

• TD Cowen analyst John Kernan maintained a Buy rating and cut the price target from $185 to $177 on Nov. 19. This analyst has an accuracy rate of 71%.
• Wells Fargo analyst Ike Boruchow maintained an Overweight rating and slashed the price target from $175 to $165 on Nov. 14. This analyst has an accuracy rate of 71%.
• Citigroup analyst Paul Lejuez downgraded the stock from Buy to Neutral and cut the price target from $179 to $152 on Nov. 12. This analyst has an accuracy rate of 62%.
• Morgan Stanley analyst Alex Straton maintained an Overweight rating and increased the price target from $163 to $178 on Aug. 23. This analyst has an accuracy rate of 64%.
• UBS analyst Jay Sole maintained a Neutral rating and boosted the price target from $147 to $167 on Aug. 23. This analyst has an accuracy rate of 73%.

Considering buying ROST stock? Here’s what analysts think:

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