
Ross Stores closed lower while the S&P 500, Dow and Nasdaq advanced; Zacks estimates point to higher earnings and revenue ahead.
Ross Stores shares fell 1.24% to $222.41 in the latest session, while major U.S. indexes rose. The S&P 500 gained 0.6%, the Dow added 0.83% and the Nasdaq advanced 0.64%.
Ahead of the company’s upcoming earnings report, Zacks consensus estimates project earnings of $1.82 per share and revenue of $6.2 billion for the quarter. Those estimates would represent increases of 15.19% and 10.68%, respectively, from the same quarter a year earlier.
This article was produced with the help of AI technology. Source: Yahoo Finance