WASHINGTON (dpa-AFX) - Kohl's Corp. (KSS) revealed earnings for third quarter that decreased from last year and missed the Street estimates.
The company's earnings came in at $22 million, or $0.20 per share. This compares with $59 million, or $0.53 per share, in last year's third quarter.
Analysts on average had expected the company to earn $0.27 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 8.7% to $3.507 billion from $3.843 billion last year.
Kohl's Corp. earnings at a glance (GAAP) :
-Earnings (Q3): $22 Mln. vs. $59 Mln. last year. -EPS (Q3): $0.20 vs. $0.53 last year. -Revenue (Q3): $3.507 Bln vs. $3.843 Bln last year.
-Guidance: Full year EPS guidance: $1.20 to $1.50
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