Ross Stores Earnings, Revenue beat in Q1 By Investing.com

Ross Stores (NASDAQ:ROST) reported on Thursday first quarter earnings that beat analysts’ forecasts and revenue that topped expectations.

Ross Stores announced earnings per share of $1.34 on revenue of $4.52B. Analysts polled by Investing.com anticipated EPS of $0.8759 on revenue of $3.86B.

Ross Stores shares are down 0% from the beginning of the year and are trading at $125.50 , down-from-52-week-high.They are under-performing the S&P 500 which is up 10.69% from the start of the year.

Ross Stores shares gained 2.46% in after-hours trade the report.

Ross Stores follows other major Services sector earnings this month

Ross Stores’s report follows an earnings beat by Amazon.com on April 29, who reported EPS of $15.79 on revenue of $108.52B, compared to forecasts EPS of $9.54 on revenue of $104.51B.

Alibaba ADR had missed expectations on May 13 with fourth quarter EPS of $10.32 on revenue of $187.4B, compared to forecast for EPS of $11.16 on revenue of $187.37B.

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