Kohl's Corporation (KSS - Free Report), came out with first-quarter fiscal 2018 results. Adjusted earnings of 64 cents a share came much ahead of the Zacks Consensus Estimate of 49 cents and surged 65% year-over-year.
Management now envisions adjusted earnings per share between $5.05 and $5.50 for fiscal 2018.
Earnings Estimate Revision: The Zacks Consensus Estimate for fiscal 2018 has remained unchanged in the past 30 days. In the trailing four quarters (excluding the quarter under review), the company has topped the Zacks Consensus Estimate by an average of 11.6%.
Kohl's Corporation Price and EPS Surprise
Kohl's Corporation Price and EPS Surprise | Kohl's Corporation Quote
Revenues: Kohl's generated total revenue of $4,208 million that advanced 3.5% year over year and came ahead of the Zacks Consensus Estimate of $3,951 million.
Key Events: On May 16, Kohl's announced a quarterly dividend of 61 cents per share, which is payable on Jun 27, 2018, to shareholders of record as on Jun 13.
Zacks Rank: Currently, Kohl's carries a Zacks Rank #2 (Buy) which is subject to change following the earnings announcement.
Stock Movement: Kohl’s shares are up 5.4% during the pre-market trading session following the first-quarter outcome.
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