Kohl’s Corporation (NYSE:KSS) to Release Quarterly Earnings on Thursday
Kohl’s Corporation (NYSE:KSS) will be issuing its quarterly earnings data before the market opens on Thursday, August 10th. Analysts expect the company to announce earnings of $1.15 per share for the quarter.
Kohl’s Corporation (NYSE:KSS) last released its quarterly earnings data on Thursday, May 11th. The company reported $0.39 EPS for the quarter, topping analysts’ consensus estimates of $0.29 by $0.10. Kohl’s Corporation had a return on equity of 13.29% and a net margin of 3.25%. The firm had revenue of $3.84 billion for the quarter, compared to the consensus estimate of $3.91 billion. During the same quarter in the prior year, the company posted $0.31 earnings per share. The firm’s revenue was down 3.2% on a year-over-year basis. On average, analysts expect Kohl’s Corporation to post $3.61 EPS for the current fiscal year and $3.54 EPS for the next fiscal year.
Kohl’s Corporation (NYSE:KSS) opened at 42.72 on Tuesday. The firm has a market cap of $7.28 billion, a P/E ratio of 12.37 and a beta of 1.16. Kohl’s Corporation has a one year low of $35.16 and a one year high of $59.67. The firm’s 50-day moving average price is $38.65 and its 200 day moving average price is $39.30.
Several research analysts have weighed in on KSS shares. BidaskClub raised Kohl’s Corporation from a “sell” rating to a “hold” rating in a research report on Wednesday, July 5th. Vetr lowered Kohl’s Corporation from a “hold” rating to a “sell” rating and set a $37.51 target price on the stock. in a report on Monday, July 17th. Zacks Investment Research raised Kohl’s Corporation from a “strong sell” rating to a “hold” rating in a report on Wednesday, April 19th. BMO Capital Markets reissued a “market perform” rating and set a $43.00 target price (down from $45.00) on shares of Kohl’s Corporation in a report on Monday, May 15th. Finally, Citigroup Inc. reissued a “buy” rating and set a $44.00 target price (down from $52.00) on shares of Kohl’s Corporation in a report on Sunday, May 14th. Five research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and six have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $42.60.
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About Kohl’s Corporation
Kohl’s Corporation (Kohl’s) is an operator of department stores. The Company operates approximately 1,154 Kohl’s department stores, a Website (www.Kohls.com), approximately 12 FILA outlets, and approximately three Off-Aisle clearance centers. The Company’s stores and Website sell moderately-priced private label and national brand apparel, footwear, accessories, beauty and home products.
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