Investing.com - Ross Stores (NASDAQ:ROST) reported fourth quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $1.2 on revenue of $4.11B. Analysts polled by Investing.com anticipated EPS of $1.13 on revenue of $4.05B. That compared to EPS of $1.19 on revenue of $4.07B in the same period a year earlier. The company had reported EPS of $0.91 on revenue of $3.55B in the previous quarter.
Ross Stores shares lost 1.73% to trade at $92.54 in after-hours trade following the report.
For the year, Ross Stores shares are up 13.19%, under-performing the Nasdaq 100 which is up 15.46% year to date.
Ross Stores follows other major Services sector earnings this month
On February 19, Walmart reported fourth quarter EPS of $1.41 on revenue of $138.8B, compared to forecasts of EPS of $1.33 on revenue of $138.76B.
Home Depot earnings beat analyst's expectations on February 26, with fourth quarter EPS of $2.25 on revenue of $26.49B. Investing.com analysts expected EPS of $2.16 on revenue of $26.58B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar