Ross Stores (ROST) Beats Q2 Earnings Estimates

Ross Stores (ROST) came out with quarterly earnings of $1.56 per share, beating the Zacks Consensus Estimate of $1.52 per share. This compares to earnings of $1.59 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of +2.63%. A quarter ago, it was expected that this discount retailer would post earnings of $1.43 per share when it actually produced earnings of $1.47, delivering a surprise of +2.8%. Over the last four quarters, the ...