Ross Stores ROST reported its Q2 earnings results on Thursday, August 18, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Ross Stores beat estimated earnings by 12.12%, reporting an EPS of $1.11 versus an estimate of $0.99.
Revenue was down $222.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.03 which was followed by a 22.47% drop in the share price the next day.
Here's a look at Ross Stores's past performance:
Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
---|---|---|---|---|
EPS Estimate | 1 | 0.98 | 0.78 | 0.93 |
EPS Actual | 0.97 | 1.04 | 1.09 | 1.39 |
Revenue Estimate | 4.53B | 4.97B | 4.33B | 4.45B |
Revenue Actual | 4.33B | 5.02B | 4.58B | 4.80B |
To track all earnings releases for Ross Stores visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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