Ross Stores Gears Up For Q2 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Portfolio Pulse from Lisa Levin
Ross Stores, Inc. (NASDAQ:ROST) is expected to report Q2 earnings of $1.16 per share, up from $1.11 per share a year ago, with revenues of $4.75 billion, up from $4.58 billion. The company's shares gained 1.1% to close at $115.23 on Wednesday. Analysts from Barclays, UBS, TD Cowen, Piper Sandler, and Gordon Haskett have recently revised their ratings and price targets for the company.
August 17, 2023 | 1:29 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Ross Stores is expected to report increased Q2 earnings and revenues. The company's shares have recently gained, and several analysts have revised their ratings and price targets for the stock.
The expected increase in earnings and revenues, along with the recent gain in share price and positive analyst revisions, suggest a positive short-term impact on Ross Stores' stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100