Kohl's Likely To Report Q4 Profit; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Kohl's Corporation KSS is expected to release earnings results for its fourth quarter, before the opening bell on March 12, 2024.

Analysts expect the Menomonee Falls, Wisconsin-based company to report a quarterly earnings at $1.28 per share, versus a year-ago loss of $2.49 per share. Kohl's is projected to report quarterly revenue of $5.70 billion, compared to $5.78 billion in the year-earlier quarter, according to data from Benzinga Pro.

On Feb. 28, Kohl's board declared a regular quarterly dividend of 50 cents per share on the company's common stock.
Kohl's shares gained 1.6% to close at $27.27 on Friday.

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.

• Telsey Advisory Group analyst Dana Telsey reiterated a Market Perform rating with a price target of $25 on March 6, 2024. This analyst has an accuracy rate of 60%.
• Citigroup analyst Paul Lejuez maintained a Neutral rating and raised the price target from $24 to $27 on March 5, 2024. This analyst has an accuracy rate of 67%.
• Evercore ISI Group analyst Michael Binetti initiated coverage on the stock with an In-Line rating and a price target of $24 on Nov. 7, 2023. This analyst has an accuracy rate of 63%.
• B of A Securities analyst Lorraine Hutchinson maintained an Underperform rating and cut the price target from $25 to $22 on Sept. 26, 2023. This analyst has an accuracy rate of 62%.

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