The TJX Companies, Inc. Q3 Income Declines 6%

(RTTNews) - The TJX Companies, Inc. (TJX) released earnings for third quarter that fell from last year.

The company said its earnings came in at $549.79 million, or $0.83 per share. This was down from $587.26 million, or $0.86 per share, in last year's third quarter.

Analysts had expected the company to earn $0.87 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 7.0% to $8.29 billion. This was up from $7.75 billion last year.

The TJX Companies, Inc. earnings at a glance:

-Earnings (Q3): $549.79 Mln. vs. $587.26 Mln. last year. -Earnings Decline (Y-o-Y): -6.4% -EPS (Q3): $0.83 vs. $0.86 last year. -EPS Decline (Y-o-Y): -3.5% -Analysts Estimate: $0.87 -Revenue (Q3): $8.29 Bln vs. $7.75 Bln last year. -Revenue Change (Y-o-Y): 7.0%

-Guidance: Next quarter EPS guidance: $0.96 - $0.98 Full year EPS guidance: $3.46 - $3.48