Ross Stores (NASDAQ:ROST) reported its Q1 earnings results on Thursday, May 18, 2023 at 04:01 PM.
Here’s what investors need to know about the announcement.
Earnings
Ross Stores beat estimated earnings by 2.83%, reporting an EPS of $1.09 versus an estimate of $1.06.
Revenue was up $162.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.07 which was followed by a 0.12% increase in the share price the next day.
Here’s a look at Ross Stores’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 1.24 | 0.81 | 0.99 | 1 |
| EPS Actual | 1.31 | 1 | 1.11 | 0.97 |
| Revenue Estimate | 5.17B | 4.37B | 4.63B | 4.53B |
| Revenue Actual | 5.21B | 4.57B | 4.58B | 4.33B |
To track all earnings releases for Ross Stores visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
