Kohl`s Corp. Q3 Profit Decreases, But Beats Estimates

(RTTNews) - Kohl`s Corp. (KSS) reported earnings for third quarter that Decreased from last year but beat the Street estimates.

The company's earnings came in at $8 million, or $0.07 per share. This compares with $22 million, or $0.20 per share, last year.

Excluding items, Kohl`s Corp. reported adjusted earnings of $11 million or $0.10 per share for the period.

Analysts on average had expected the company to earn -$0.18 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period fell 2.9% to $3.407 billion from $3.507 billion last year.

Kohl`s Corp. earnings at a glance (GAAP) :

-Earnings: $8 Mln. vs. $22 Mln. last year. -EPS: $0.07 vs. $0.20 last year. -Revenue: $3.407 Bln vs. $3.507 Bln last year.

-Guidance: Full year EPS guidance: $1.25 - $1.45