Ross Stores Earnings, Revenue miss in Q4 By Investing.com

Ross Stores (NASDAQ:ROST) reported on Tuesday fourth quarter earnings that missed analysts’ forecasts and revenue that fell short of expectations.

Ross Stores announced earnings per share of $0.67 on revenue of $4.25B. Analysts polled by Investing.com anticipated EPS of $1 on revenue of $4.27B.

Ross Stores shares are down 4% from the beginning of the year and are trading at $117.72 , down-from-52-week-high.They are under-performing the S&P 500 which is up 3.07% from the start of the year.

Ross Stores follows other major Services sector earnings this month

Ross Stores’s report follows an earnings beat by Amazon.com on February 2, who reported EPS of $14.09 on revenue of $125.56B, compared to forecasts EPS of $7.19 on revenue of $119.7B.

Alibaba ADR had beat expectations on February 2 with third quarter EPS of $22.03 on revenue of $221.08B, compared to forecast for EPS of $20.59 on revenue of $214.17B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar