The TJX Companies, Inc. Q1 Profit Advances 9%

(RTTNews) - The TJX Companies, Inc. (TJX) released earnings for its first quarter that gained ground from last year.

The company said its bottom line totaled $0.51 billion, or $0.76 per share. This was higher than $0.47 billion, or $0.69 per share, in last year's first quarter.

Analysts had expected the company to earn $0.71 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 9.8% to $7.54 billion. This was up from $6.87 billion last year.

The TJX Companies, Inc. earnings at a glance:

-Earnings (Q1): $0.51 Bln. vs. $0.47 Bln. last year. -Earnings Growth (Y-o-Y): 8.5% -EPS (Q1): $0.76 vs. $0.69 last year. -EPS Growth (Y-o-Y): 10.1% -Analysts Estimate: $0.71 -Revenue (Q1): $7.54 Bln vs. $6.87 Bln last year. -Revenue Change (Y-o-Y): 9.8%

-Guidance: Next quarter EPS guidance: $0.77 - $0.79 Full year EPS guidance: $3.35 - $3.42