TJX Companies Inc. (TJX) reported third quarter EPS of 0.85 Tuesday morning, down from $0.86 a year ago. Analysts expected EPS of $0.85. Fourth quarter EPS is expected to be between $0.86 and $0.90, compared to the consensus estimate of $0.94. Full year adjusted EPS is expected to be between $3.09 and $3.13, which is below the consensus estimate of $3.17.
TJX Companies gapped open lower Tuesday morning and is now down 1.42 at $60.12. The stock has dropped to nearly a 1-month low and has fallen below its 50-day moving average.
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