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The TJX Companies, Inc. Q1 Income Climbs 5%

The TJX Companies, Inc. (TJX) released a profit for its first quarter that climbed compared to the same period last year.

The company said its bottom line climbed to $536.28 million, or $0.82 per share. This was up from $508.35 million, or $0.76 per share, in last year's first quarter.

Analysts had expected the company to earn $0.79 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 3.2% to $7.78 billion. This was up from $7.54 billion last year.

The TJX Companies, Inc. earnings at a glance:

-Earnings (Q1): $536.28 Mln. vs. $508.35 Mln. last year.
-Earnings Growth (Y-o-Y): 5.5%
-EPS (Q1): $0.82 vs. $0.76 last year.
-EPS Growth (Y-o-Y): 7.9%
-Analysts Estimate: $0.79
-Revenue (Q1): $7.78 Bln vs. $7.54 Bln last year.
-Revenue Change (Y-o-Y): 3.2%

-Guidance:
Next quarter EPS guidance: $0.81 - $0.83
Full year EPS guidance: $3.82 - $3.89

by RTT Staff Writer

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