Gear Up for TJX (TJX) Q4 Earnings: Wall Street Estimates for Key Metrics

Core Viewpoint - TJX is expected to report quarterly earnings of $1.16 per share, a 3.6$16.2 billion, reflecting a 1.3% decrease compared to the previous year [1]. Earnings Projections - There has been no revision in the consensus EPS estimate for the quarter over the past 30 days, indicating that analysts have maintained their initial projections [2]. - Changes in earnings projections are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate trends and short-term stock price movements [3]. Revenue and Sales Estimates - Analysts forecast 'Net Sales- Marmaxx' to reach $10.01 billion, indicating a year-over-year change of -0.3$2.12 billion, reflecting a year-over-year increase of 0.9% [5]. - 'Net Sales- TJX Canada' is expected to be $1.39 billion, suggesting a year-over-year decrease of 5$2.73 billion, indicating a decline of 2.6% from the previous year [6]. Comparable Store Sales - 'Comparable store sales (YoY change) - Total' is expected to be 3.2%, down from 5% reported in the same quarter last year [6]. - 'Comparable store sales (YoY change) - HomeGoods' is estimated at 3.6%, compared to 7% in the previous year [7]. - 'Comparable store sales (YoY change) - Marmaxx' is projected at 3.5%, down from 5% year-over-year [7]. - 'Consolidated Same Store sales- TJX International (Europe & Australia)' is expected to be 3.5%, up from 3% in the same quarter last year [8]. - 'Comparable Store Sales - TJX Canada - YoY change' is estimated at 1.5%, down from 6% reported in the previous year [8]. Store Count Projections - The total number of stores is projected to reach 5,105, an increase from 4,954 year-over-year [9]. - The number of stores for 'U.S. - T.J. Maxx' is estimated at 1,341, compared to 1,319 in the same quarter last year [9]. - The number of stores for 'U.S. - Marshalls' is projected to be 1,221, up from 1,197 reported in the previous year [9]. Stock Performance - TJX shares have experienced a change of +0.3% in the past month, while the Zacks S&P 500 composite has moved +2.2% [10]. - With a Zacks Rank 2 (Buy), TJX is expected to outperform the overall market in the near term [11].