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Ross Stores Earnings, Revenue Beat in Q3

Ross Stores Earnings, Revenue Beat in Q3
Ross Stores Earnings, Revenue Beat in Q3

Investing.com - Ross Stores (NASDAQ:ROST) reported third quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.

The firm reported earnings per share of $1.03 on revenue of $3.85B. Analysts polled by Investing.com expected EPS of $0.97 on revenue of $3.77B. That compared to EPS of $0.91 on revenue of $3.55B in the same period a year earlier. The company had reported EPS of $1.14 on revenue of $3.98B in the previous quarter.

Ross Stores shares gained 2.85% to trade at $115.00 in after-hours trade following the report.

Ross Stores follows other major Services sector earnings this month

On October 24, Amazon.com reported third quarter EPS of $4.23 on revenue of $69.98B, compared to forecasts of EPS of $4.61 on revenue of $68.83B.

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Alibaba ADR earnings beat analysts' expectations on November 1, with second quarter EPS of $13.1 on revenue of $119.02B. Investing.com analysts expected EPS of $10.75 on revenue of $116.96B

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

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