The TJX Companies, Inc. Q4 Income Rises, Beats estimates

(RTTNews) - The TJX Companies, Inc. (TJX) released a profit for its fourth quarter that increased from the same period last year and beat the Street estimates.

The company's bottom line came in at $1.40 billion, or $1.22 per share. This compares with $1.04 billion, or $0.89 per share, in last year's fourth quarter.

Analysts on average had expected the company to earn $1.12 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 13.0% to $16.41 billion from $14.52 billion last year.

The TJX Companies, Inc. earnings at a glance (GAAP) :

-Earnings (Q4): $1.40 Bln. vs. $1.04 Bln. last year. -EPS (Q4): $1.22 vs. $0.89 last year. -Analyst Estimate: $1.12 -Revenue (Q4): $16.41 Bln vs. $14.52 Bln last year.