Kohl’s (KSS) Set to Announce Quarterly Earnings on Tuesday

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Kohl’s (NYSE:KSS) will be issuing its quarterly earnings data before the market opens on Tuesday, August 20th. Analysts expect the company to announce earnings of $1.56 per share for the quarter. Kohl’s has set its FY 2019 guidance at $5.15-5.45 EPS and its FY20 guidance at $5.15-5.45 EPS.Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Kohl’s (NYSE:KSS) last issued its quarterly earnings results on Tuesday, May 21st. The company reported $0.61 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.67 by ($0.06). The company had revenue of $3.82 billion during the quarter, compared to analysts’ expectations of $3.97 billion. Kohl’s had a net margin of 3.91% and a return on equity of 16.74%. The company’s quarterly revenue was down 3.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.64 earnings per share. On average, analysts expect Kohl’s to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Shares of Kohl’s stock opened at $45.51 on Monday. The firm has a market capitalization of $7.17 billion, a PE ratio of 8.13, a P/E/G ratio of 0.84 and a beta of 1.00. Kohl’s has a twelve month low of $43.33 and a twelve month high of $83.28. The firm’s 50-day moving average price is $49.19 and its 200 day moving average price is $59.72. The company has a current ratio of 1.66, a quick ratio of 0.34 and a debt-to-equity ratio of 1.06.

A number of research analysts recently weighed in on the stock. Robert W. Baird decreased their price target on shares of Kohl’s from $80.00 to $70.00 and set an “outperform” rating on the stock in a research note on Wednesday, May 22nd. OTR Global lowered shares of Kohl’s to a “positive” rating in a research note on Friday, August 2nd. Deutsche Bank decreased their price target on shares of Kohl’s from $71.00 to $59.00 and set a “hold” rating on the stock in a research note on Wednesday, May 22nd. TheStreet lowered shares of Kohl’s from a “b-” rating to a “c+” rating in a research note on Tuesday, June 18th. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and issued a $65.00 price target (down from $80.00) on shares of Kohl’s in a research note on Wednesday, May 22nd. Four investment analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $69.11.

About Kohl’s

Kohl's Corporation operates as an omni-channel retailer in the United States. Its stores and Website offer apparel, footwear, accessories, beauty, and home products. As of February 3, 2018, it operated 1,158 department stores; a Website Kohls.com; and 12 FILA outlets, and 4 Off-Aisle clearance centers.

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Earnings History for Kohl`s (NYSE:KSS)

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