Ross Stores Likely To Report Lower Q3 Earnings; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call - Ross Stores (NASDAQ:ROST)

Core Insights - Ross Stores, Inc. is set to release its third-quarter earnings results, with analysts expecting earnings per share (EPS) of $1.42, a decrease from $1.48 in the same period last year [1] - The consensus estimate for quarterly revenue is $5.41 billion, an increase from $5.07 billion a year earlier [1] - The company reported better-than-expected second-quarter EPS results on August 21 [1] Stock Performance - Ross Stores shares increased by 0.3%, closing at $160.45 [2] Analyst Ratings - Telsey Advisory Group maintained a Market Perform rating with a price target of $160 [4] - TD Cowen raised its price target from $170 to $174 while maintaining a Buy rating [4] - UBS increased its price target from $147 to $163, maintaining a Neutral rating [4] - Wells Fargo raised its price target from $175 to $180, maintaining an Overweight rating [4] - Citigroup raised its price target from $146 to $171 while maintaining a Buy rating [4]