Kohl's Q1 EPS $0.13 May Not Compare To $(0.42) Estimate, Net Sales $3.35B, Total Revenue $3.571B Beat $3.34B Estimate
Portfolio Pulse from Benzinga Newsdesk
Kohl's reported Q1 earnings per share (EPS) of $0.13, beating the estimated loss of $0.42, and sales of $3.35 billion, slightly above the $3.34 billion estimate.
May 24, 2023 | 11:01 am
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Kohl's Q1 results exceeded expectations with EPS of $0.13 and sales of $3.35 billion, beating estimates of a $(0.42) loss and $3.34 billion in sales.
Kohl's Q1 earnings exceeded expectations, which is likely to have a positive impact on its stock price in the short term. The company reported an EPS of $0.13, beating the estimated loss of $0.42, and sales of $3.35 billion, slightly above the $3.34 billion estimate. This indicates that the company is performing better than anticipated, which could lead to increased investor confidence and a higher stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100