Earnings Preview: TJX Companies' EPS, Revenue Expected to Rise

TJX Companies TJX announces its next round of earnings this Tuesday, August 16, 2011. Here is Benzinga's everything-that-matters guide for this Tuesday's second quarter earnings announcement.

Earnings and Revenue:

Analysts are predicting an EPS reading of 88 cents/share and revenues of $5.43 billion. TJX Companies' latest numbers will no doubt be compared with the company's year-ago quarter, when it reported a profit of 73 cents/share on revenues of $5.07 billion. We'll have to wait for Tuesday to see if TJX Companies has accomplished the estimated 20.5% rise in EPS and 7.1% increase in revenues on a year-over-year basis.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter	Q1	Q4	Q3	Q2
EPS Estimate	$0.80	$1.02	$0.91	$0.73
EPS Actual	$0.78	$1.05	$0.92	$0.73

Stock Performance:

Shares of TJX Companies were trading at $50.71 as of August 10, 2011. Since January 1st, shares of TJX Companies have given investors a return of 15.4%. For a full 12 months, the return has risen by 14.7%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

• Long-term shareholders are already enjoying 12-month gains prior to the announcement

Average Stock Rating:

The average rating by analysts for TJX Companies is a Moderate Buy. This rating has strengthened over the past three months.

Competitors:

Wondering how TJX Companies compares to rivals in the same sector? Here are a few of the company's peers.

• Citi Trends CTRN: Moderate Sell with a $0.83 recent quarter EPS
• Dillard's DDS: Moderate Buy with a $1.27 recent quarter EPS
• Fred's FRED: Hold with a $0.24 recent quarter EPS
• Gordman Stores GMAN: Moderate Buy with a $0.38 recent quarter EPS

The retail-discount company's industry has seen price/earnings growth of 1.1% during the current fiscal year.

Finally, a description of the company's main areas of operation: TJX Companies is an off-price apparel and home fashions retailer in the United States and worldwide.

Take Action:

Now that you're fully prepared, get ready to take quick action if the company reports any numbers significantly different from those listed above. Also, check back in with us after the announcement for a full recap and what-to-do-next guide.

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