TJX Companies' Q4 Earnings Expected to Rise 8.7% YoY

TJX, parent of T.J. Maxx, Marshalls, and other stores, has returned +0.5% over the past month, outperforming the Zacks S&P 500 composite's -4.7% change and the Zacks Retail - Discount Stores industry's -2.1% change. Analysts expect TJX to post earnings of $1.00 per share for the current quarter, a +8.7% change from the year-ago quarter. The Zacks Consensus Estimate has changed -2.7% over the last 30 days. The company is rated Zacks Rank #3 (Hold) due to the size of the recent change in the consensus estimate and other factors related to earnings estimates.