The TJX Companies Earnings Preview: Can This Streak Continue?

The TJX Companies (NYSE:TJX) will report earnings before markets open on Tuesday, May 21st. The TJX Companies, Inc. is an off-price apparel and home fashion retailer in the United States and worldwide. The Company operates off-price retail concepts in the U.S., Canada and Europe that offer a wide range of brand name and designer merchandise.

Here is your Cheat Sheet to The Tjx Companies Earnings:

Earnings Expectations: Analysts expect earnings of $0.63 per share on revenues of $6.16 billion. Currently, the company’s P/E ratio stands at 20.18.

Analyst Trends:

Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $0.64 and has not changed. For the current year, the average estimate is a profit of $2.84, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how The Tjx Companies has been performing on an annual basis:

Fiscal Year 2009 2010 2011 2012 2013
Revenue ($) in millions 19,000 20,290 21,940 23,190 25,880
Diluted EPS ($) 1.00 1.42 1.65 1.93 2.55

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jan. 31, 2012 Apr. 30, 2012 Jul. 31, 2012 Oct. 31, 2012 Jan. 31, 2013
Revenue ($) in millions 6,710 5,798 5,946 6,411 7,724
Diluted EPS ($) 0.6220 0.55 0.56 0.62 0.8206

Past Performance:
The Tjx Companies has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]