TJX Co's Exec Says Expect Q4 Sales Of $15.9B-$16.1B; We Expect Q4 Adjusted Earnings Per Share To Be In The Range Of $0.97-$1.00
Portfolio Pulse from Benzinga Newsdesk
During a conference call, an executive from TJX Companies Inc. projected that the company expects its fourth-quarter sales to be between $15.9 billion and $16.1 billion. Additionally, the company anticipates its adjusted earnings per share (EPS) for the quarter to be in the range of $0.97 to $1.00.
November 15, 2023 | 4:28 pm
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TJX Companies Inc. expects Q4 sales of $15.9B-$16.1B and adjusted EPS of $0.97-$1.00. This guidance could influence investor expectations and stock price.
The provided sales and EPS guidance are critical factors that investors use to gauge a company's financial health and future performance. Positive guidance often leads to increased investor confidence and can result in a rise in stock price in the short term. However, the actual impact will depend on whether these figures meet, exceed, or fall short of market expectations.
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