TJX Sees Q3 EPS $1.06-$1.08 vs $1.10 Est., Pretax Profit Margin 11.8%-11.9%; Sees FY25 EPS $4.09-$4.13 vs $4.14 Est., Pretax Profit Margin ~11.2%
Portfolio Pulse from Benzinga Newsdesk
TJX Companies has provided guidance for Q3 and FY25, with expected EPS slightly below analyst estimates. The company anticipates a Q3 EPS of $1.06-$1.08 compared to the $1.10 estimate, and a FY25 EPS of $4.09-$4.13 versus the $4.14 estimate. Pretax profit margins are also projected to be slightly lower than expected.
August 21, 2024 | 11:36 am
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TJX Companies' guidance for Q3 and FY25 shows EPS slightly below analyst estimates, with pretax profit margins also lower than expected. This could lead to a short-term negative impact on the stock price.
The guidance provided by TJX Companies indicates that both Q3 and FY25 EPS are expected to be below analyst estimates. Additionally, the pretax profit margins are projected to be slightly lower than expected. This suggests potential challenges in maintaining profitability, which could lead to a negative reaction from investors and a short-term decline in the stock price.
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