TJX earnings beat, Revenue misses in Q2

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TJX earnings beat, Revenue misses in Q2
Credit: © Reuters.

Investing.com - TJX (NYSE: TJX ) reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.

TJX announced earnings per share of $0.69 on revenue of $11.84B. Analysts polled by Investing.com anticipated EPS of $0.6691 on revenue of $12.09B.

TJX shares are down 12% from the beginning of the year and are trading at $66.10 , down-from-52-week-high.They are under-performing the S&P 500 which is down 9.67% year to date.

TJX shares lost 0.83% in pre-market trade the report.

TJX follows other major Consumer Discretionary sector earnings this month

TJX's report follows an earnings missed by Amazon.com on Thursday, July 28, 2022, who reported EPS of $-0.2 on revenue of $121.23B, compared to forecasts EPS of $0.1199 on revenue of $119B.

Tesla had beat expectations on Wednesday, July 20, 2022 with second quarter EPS of $2.27 on revenue of $16.93B, compared to forecast for EPS of $1.81 on revenue of $16.54B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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