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Stock impact report

Ross Stores, Intuit shares post big moves on earnings [Yahoo! Finance]

Ross Stores, Inc. (ROST) 
Last ross stores, inc. earnings: 3/3 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.rossstores.com
Company Research Source: Yahoo! Finance
Ross reported mixed results for the third quarter, with profit beating estimates but revenue missed. The company blamed hurricanes and unseasonably warm weather for the miss on sales. But it was the company's guidance that drove shares higher after hours. Ross Stores raised its full year EPS guidance, now seeing a profit of $6.10 to $6.17 per share, up from $6.00 to $6.13. On the flipside, shares of Intuit were under pressure, and guidance is the issue. Fiscal first quarter results topped analyst expectations, but the company's outlook for the second quarter is raising investor concerns. The software giant sees adjusted earnings per share of $2.55 to $2.61 versus the estimate of $3.23. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here This post was written by Rachel Sherman. Show less Read more
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