Kohl's Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Earnings Report - Kohl's Corporation is set to release its third-quarter earnings results on November 26, with analysts expecting earnings of 27 cents per share, a decrease from 54 cents per share a year ago [1] - The company is projected to report quarterly revenue of $3.71 billion, down from $3.84 billion a year earlier [1] Leadership Change - CEO Tom Kingsbury will step down from his position effective January 15, 2025 [2] Stock Performance - Kohl's shares increased by 7.7%, closing at $18.34 on Monday [3] Analyst Ratings - Citigroup analyst Paul Lejuez maintained a Neutral rating and reduced the price target from $19 to $18 [4] - JP Morgan analyst Matthew Boss downgraded the stock from Neutral to Underweight with a price target of $19 [4] - Evercore ISI Group analyst Michael Binetii maintained an In-Line rating and cut the price target from $22 to $20 [4] - Baird analyst Mark Altschwager maintained an Outperform rating and lowered the price target from $27 to $25 [4] - Telsey Advisory Group analyst Dana Telsey maintained a Market Perform rating with a price target of $23 [4]