Kohl's Likely To Report Q4 Profit; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Portfolio Pulse from Avi Kapoor
Kohl's Corporation (NYSE:KSS) is anticipated to announce its Q4 earnings on March 12, 2024, with expectations of a profit of $1.28 per share compared to a loss of $2.49 per share in the previous year. Revenue is projected at $5.70 billion, slightly down from $5.78 billion. The company declared a quarterly dividend of 50 cents per share. Recent analyst ratings include a Market Perform from Telsey Advisory Group with a $25 target, a Neutral from Citigroup with a $27 target, an In-Line from Evercore ISI Group with a $24 target, and an Underperform from B of A Securities with a $22 target.
March 11, 2024 | 2:50 pm
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Kohl's is expected to report a profitable Q4 with earnings of $1.28 per share and revenue of $5.70 billion. The company declared a quarterly dividend of 50 cents per share. Analyst ratings vary, with price targets ranging from $22 to $27.
The anticipation of a profitable Q4 for Kohl's, combined with a declared dividend, suggests a positive short-term impact on KSS stock. Analyst ratings and price target adjustments reflect a mixed but generally optimistic outlook, indicating potential upward movement in the stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100