Ross Stores Stock Falls On Weak Q3 Outlook
Ross Stores Inc (NASDAQ:ROST) reported second-quarter FY21 sales growth of 78.9% year-on-year, to $4.80 billion, beating the analyst consensus of $4.45…
22 Stocks Moving in Friday’s Pre-Market Session
Gainers
GeoVax Labs, Inc.. (NASDAQ: GOVX) shares rose 72.1% to $7.40 in pre-market trading after the company announced it presented COVID-19 vaccine data at the European Society of Medicine General Assembly.
Deutsche Bank Maintains Buy on Ross Stores, Lowers Price Target to $142
Deutsche Bank analyst Gabriella Carbone maintains Ross Stores (NASDAQ:ROST) with a Buy and lowers the price target from $145 to $142.
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Wall Street expects Deere & Company (NYSE: DE) to report quarterly earnings at $4.57 per share on revenue of $10.30 billion before the opening bell. Deere shares rose 0.1% to $359.40 in after-hours trading.
Recap: Ross Stores Q2 Earnings
Shares of Ross Stores (NASDAQ:ROST) moved lower after the company reported Q2 results.
Quarterly Results
Earnings per share rose 2216.67% year over year to $1.39, which beat the estimate of $0.93.
Ross Stores Q2 EPS $1.39 Beats $0.93 Estimate, Sales $4.80B Beat $4.45B Estimate
Ross Stores (NASDAQ:ROST) reported quarterly earnings of $1.39 per share which beat the analyst consensus estimate of $0.93 by 49.46 percent. This is a 2216.67 percent increase over earnings of $0.06 per share from the
Looking into Ross Stores’s Return on Capital Employed
After pulling data from Benzinga Pro it seems like during Q1, Ross Stores (NASDAQ:ROST) earned $642.63 million, a 59.86% increase from the preceding quarter. Ross Stores also posted a total of $4.52 billion in sales, a 6.26% increase since Q4.
Earnings Scheduled For August 19, 2021
Companies Reporting Before The Bell
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