TJX Companies: Q4 Earnings Insights

TJX Companies TJX reported its Q4 earnings results on Wednesday, February 23, 2022 at 07:30 AM.

Here's what investors need to know about the announcement.

TJX Companies missed estimated earnings by 14.29%, reporting an EPS of $0.78 versus an estimate of $0.91.

Revenue was up $2.91 billion from the same period last year.

Last quarter the company beat on EPS by $0.03 which was followed by a 0.61% drop in the share price the next day.

Here's a look at TJX Companies's past performance:

Quarter	Q3 2022	Q2 2022	Q1 2022	Q4 2021
EPS Estimate	0.81	0.57	0.30	0.62
EPS Actual	0.84	0.79	0.44	0.50
Revenue Estimate	12.25B	11.01B	8.62B	11.48B
Revenue Actual	12.53B	12.08B	10.09B	10.94B

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

TJX Companies management provided guidance for their next quarter, expecting earnings between $0.58 and $0.61 per share for the next quarter.

This represents a -23.72% in quarter-over-quarter growth for TJX Companies, a bearish signal to many investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.