FMP
May 24, 2024 10:21 AM - Davit Kirakosyan
Ross Stores (NASDAQ:ROST) shares rose more than 8% pre-market today after the company reported first-quarter earnings per share (EPS) of $1.46, surpassing the analyst consensus of $1.35. The discount retailer's revenue climbed to $4.86 billion, slightly above the $4.83 billion estimate and marking an 8% increase from $4.5 billion in the same quarter last year. Comparable store sales rose by a healthy 3%.
CEO Barbara Rentler attributed the strong earnings to lower expenses and effective navigation of macroeconomic challenges affecting customer spending.
Looking ahead, Ross Stores expects a 2% to 3% increase in comparable store sales for the second quarter. The company projects second-quarter EPS to range between $1.43 and $1.49, aligning closely with the Street estimate of $1.45.
For the full fiscal year 2025, Ross Stores forecasts EPS between $5.79 and $5.98, with the midpoint of $5.885 slightly below the Street consensus of $5.92.
Oct 31, 2023 8:03 AM - Parth Sanghvi
Free cash flow to the firm (FCFF) and free cash flow to equity (FCFE) are two of the most important metrics used in financial modeling. Both metrics measure the amount of cash that is available to a company's shareholders and creditors, but there is a key difference between the two. FCFF measures...
Nov 25, 2023 6:39 AM - Parth Sanghvi
Choosing the Right Valuation Method: DCF vs. Comparable Companies Analysis Introduction: Valuation methods play a pivotal role in determining the fair value of a company, aiding investors in making informed investment decisions. Two commonly used methods, DCF Valuation and Comparable Companies A...
Dec 23, 2023 2:19 AM - Parth Sanghvi
Introduction: Discounted Cash Flow (DCF) analysis stands as a cornerstone in valuing investments, yet its efficacy is contingent upon various assumptions and methodologies. While a powerful tool, DCF analysis comes with inherent limitations and challenges that investors must acknowledge to make i...