TJX Companies Sees Q2 EPS $0.88-$0.90 vs $0.94 Est., Sees FY25 EPS $4.03-$4.09 vs $4.10 Est.
Portfolio Pulse from Benzinga Newsdesk
TJX Companies has provided its Q2 EPS guidance of $0.88-$0.90, which is below the estimated $0.94. Additionally, the company has forecasted its FY25 EPS to be in the range of $4.03-$4.09, also below the estimated $4.10.
May 22, 2024 | 11:34 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
TJX Companies' Q2 EPS guidance of $0.88-$0.90 is below the estimated $0.94, and its FY25 EPS forecast of $4.03-$4.09 is also below the estimated $4.10. This could lead to a negative short-term impact on the stock price.
The lower-than-expected EPS guidance for both Q2 and FY25 suggests that TJX Companies may face challenges in meeting market expectations. This could result in a negative sentiment among investors, leading to a potential short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100