The TJX Companies, Inc. Earnings Advance 3% In Q4

(RTTNews) - The TJX Companies, Inc. (TJX) announced a profit for its fourth quarter that increased from last year.

The company said its bottom line advanced to $666.47 million, or $0.99 per share. This was up from $648.23 million, or $0.93 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.94 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 8.0% to $8.96 billion. This was up from $8.30 billion last year.

The TJX Companies, Inc. earnings at a glance:

-Earnings (Q4): $666.47 Mln. vs. $648.23 Mln. last year. -Earnings Growth (Y-o-Y): 2.8% -EPS (Q4): $0.99 vs. $0.93 last year. -EPS Growth (Y-o-Y): 6.5% -Analysts Estimate: $0.94 -Revenue (Q4): $8.96 Bln vs. $8.30 Bln last year. -Revenue Change (Y-o-Y): 8.0%

-Guidance: Next quarter EPS guidance: $0.68 - $0.70