Ross Stores Earnings, Revenue Beat in Q3 By

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© Reuters.  Ross Stores Earnings, Revenue Beat in Q3 – Ross Stores (NASDAQ:) reported on Thursday third quarter that beat analysts’ forecasts and revenue that topped expectations.

Ross Stores announced earnings per share of $1.02 on revenue of $3.75B. Analysts polled by anticipated EPS of $0.6 on revenue of $3.42B.

Ross Stores shares are down 5% from the beginning of the year, still down 11.14% from its 52 week high of $124.16 set on February 20. They are under-performing the Nasdaq which is up 32.68% from the start of the year.

Ross Stores shares gained 2.02% in after-hours trade following the report.

Ross Stores follows other major Services sector earnings this month

Ross Stores’s report follows an earnings beat by on October 29, who reported EPS of $12.37 on revenue of $96.15B, compared to forecasts EPS of $7.41 on revenue of $92.78B.

Alibaba ADR had beat expectations on November 5 with second quarter EPS of $18 on revenue of $155.06B, compared to forecast for EPS of $13.82 on revenue of $154.87B.

Stay up-to-date on all of the upcoming earnings reports by visiting’s earnings calendar

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