Investing.com - Kohls Corp reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Kohls Corp announced earnings per share of $1.05 on revenue of $3.88B. Analysts polled by Investing.com anticipated EPS of $0.062 on revenue of $3.33B.
Kohls Corp shares are up 48% from the beginning of the year and are trading at $60.25 , down-from-52-week-high.They are outperforming the S&P 500 which is up 9.57% 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 April 29, who reported EPS of $15.79 on revenue of $108.52B, compared to forecasts EPS of $9.54 on revenue of $104.51B.
Alibaba ADR had missed expectations on May 13 with fourth quarter EPS of $10.32 on revenue of $187.4B, compared to forecast for EPS of $11.16 on revenue of $187.37B.
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