The TJX Companies Inc. Fourth Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component The TJX Companies, Inc. (NYSE:TJX) will unveil its latest earnings on Wednesday, February 22, 2012. The TJX Companies is an off-price apparel and home fashions retailer in the United States and worldwide.

The TJX Companies, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average analyst estimate is for profit of 62 cents per share, a rise of 19.2% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved up from 61 cents. Between one and three months ago, the average estimate moved up. It has been unchanged at 62 cents during the last month. Analysts are projecting profit to rise by 13.7% versus last year to $1.99.

Past Earnings Performance: The company fell in line with estimates last quarter after topping forecasts the quarter before. After coming in above the mean estimate by one cent in the second quarter, the company fell in line with expectations by reporting net income of 53 cents per share last quarter.

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Wall St. Revenue Expectations: Analysts are projecting a rise of 11.1% in revenue from the year-earlier quarter to $6.72 billion.

Analyst Ratings: Analysts are high on the stock, with 15 analysts rating it as a buy, none rating it as a sell and nine rating it as a hold.

A Look Back: In the third quarter, profit rose 9.2% to $406.5 million (53 cents a share) from $372.3 million (46 cents a share) the year earlier, meeting analyst expectations. Revenue rose 4.8% to $5.79 billion from $5.53 billion.

Key Stats:

Revenue has gone up for three straight quarters. It rose 7.9% in the second quarter from the year earlier and 4.1% in the first quarter.

Stock Price Performance: Between November 18, 2011 and February 16, 2012, the stock price rose $4.54 (15.3%), from $29.69 to $34.23. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 11, 2011, when shares rose for 11 straight days, increasing 11.5% (+$2.83) over that span. It saw one of its worst periods between May 26, 2011 and June 6, 2011 when shares fell for seven straight days, dropping 6.3% (-$1.68) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com