Yahoo Finance Ross Stores Earnings, Revenue Beat in Q2
Investing.com - Ross Stores (NASDAQ:ROST) reported second quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $1.14 on revenue of $3.98B. Analysts polled by Investing.com forecast EPS of $1.11 on revenue of $3.96B. That compared to EPS of $1.04 on revenue of $3.74B in the same period a year earlier. The company had reported EPS of $1.15 on revenue of $3.8B in the previous quarter.
Ross Stores shares lost 2.77% to trade at $104.43 in after-hours trade following the report.
Ross Stores follows other major Services sector earnings this month
On July 25, Amazon.com reported second quarter EPS of $5.22 on revenue of $63.4B, compared to forecasts of EPS of $5.56 on revenue of $62.52B.
Alibaba ADR earnings beat analysts' expectations on August 15, with first quarter EPS of $12.55 on revenue of $114.92B. Investing.com analysts expected EPS of $10.3 on revenue of $111.83B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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