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Off-price retailer TJX Cos saw its stock rally after beating profit expectations, despite missing same-store sales forecasts and offering a cautious outlook. TJX raised its annual profit forecast, citing strong demand and lower costs. The company's earnings per share of $0.93 exceeded the forecast of $0.88, but revenue fell slightly short at $12.48 billion compared to the expected $12.49 billion. TJX's market capitalization stands at $110.65 billion.
$MDT Medtronic Q4 results: ~ EPS: $1.46 vs $1.45 est ~ SALES: $8.59B vs $8.44B est ~ Increases Dividend To $0.70 From $0.69 ~ Expect FY25 Organic Revenue Growth Of 4%-5% ~ Expect FY25 EPS Of $5.40-$5.50 vs $5.45 est https://t.co/LZjhEXqR65 🟢 +0.69% https://t.co/Eva59n7DQL
Health tech firm Medtronic beat Wall Street estimates for quarterly profit and revenue on Thursday, as a post-pandemic pickup in surgical volumes at hospitals boosted demand for its medical devices. https://t.co/5VtMlfms41 https://t.co/5VtMlfms41
Medtronic’s stock rises after earnings beat expectations and the dividend was raised https://t.co/NkKVv0Dlpg
