For the quarter ended October 2024, Ross Shops (ROST) reported income of $5.07 billion, up 3% over the identical interval final 12 months. EPS got here in at $1.48, in comparison with $1.33 within the year-ago quarter.
The reported income compares to the Zacks Consensus Estimate of $5.15 billion, representing a shock of -1.56%. The corporate delivered an EPS shock of +6.47%, with the consensus EPS estimate being $1.39.
Whereas traders intently watch year-over-year adjustments in headline numbers — income and earnings — and the way they evaluate to Wall Road expectations to find out their subsequent plan of action, some key metrics at all times present a greater perception into an organization’s underlying efficiency.
Since these metrics play a vital position in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps traders higher undertaking a inventory’s worth efficiency.
Right here is how Ross Shops carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Road analysts:
- Comparable retailer gross sales – YoY change: 1% versus the six-analyst common estimate of two.6%.
- Retailer rely at finish of interval: 2,192 versus 2,197 estimated by 4 analysts on common.
- Variety of shops opened: 44 versus 47 estimated by three analysts on common.
View all Key Company Metrics for Ross Stores here>>>
Shares of Ross Shops have returned -4.1% over the previous month versus the Zacks S&P 500 composite’s +1% change. The inventory at present has a Zacks Rank #4 (Promote), indicating that it may underperform the broader market within the close to time period.
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Ross Stores, Inc. (ROST) : Free Stock Analysis Report
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