Tjx: Fiscal Q4 Earnings Snapshot

FRAMINGHAM, Mass. (AP) — FRAMINGHAM, Mass. (AP) — The TJX Cos. (TJX) on Wednesday reported fiscal fourth-quarter net income of $1.4 billion.

On a per-share basis, the Framingham, Massachusetts-based company said it had net income of $1.22. Earnings, adjusted for non-recurring gains, came to $1.12 per share.

The results met Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was also for earnings of $1.12 per share.

The parent of T.J. Maxx, Marshalls and other stores posted revenue of $16.41 billion in the period, which beat Street forecasts. Eight analysts surveyed by Zacks expected $16.2 billion.

For the year, the company reported profit of $4.47 billion, or $3.86 per share. Revenue was reported as $54.22 billion.

For the current quarter ending in April, TJX expects its per-share earnings to range from 84 cents to 86 cents.

The company expects full-year earnings in the range of $3.94 to $4.02 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TJX at https://www.zacks.com/ap/TJX