Investing.com - Kohls Corp reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Kohls Corp announced earnings per share of $2.22 on revenue of $5.88B. Analysts polled by Investing.com anticipated EPS of $0.9911 on revenue of $5.94B.
Kohls Corp shares are up 40% from the beginning of the year and are trading at $57.00 , down-from-52-week-high.They are outperforming the S&P 500 which is up 3.88% from the start of the year.
Kohls Corp follows other major Services sector earnings this month
Kohls Corp's report follows an earnings beat by Amazon.com on February 2, who reported EPS of $14.09 on revenue of $125.56B, compared to forecasts EPS of $7.19 on revenue of $119.7B.
Alibaba ADR had beat expectations on February 2 with third quarter EPS of $22.03 on revenue of $221.08B, compared to forecast for EPS of $20.59 on revenue of $214.17B.
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