Kohl`s Corp. Q4 Profit Decreases, But Beats Estimates

(RTTNews) - Kohl`s Corp. (KSS) reported earnings for fourth quarter that decreased from last year but beat the Street estimates.

The company's earnings totaled $48 million, or $0.43 per share. This compares with $186 million, or $1.67 per share, last year.

Excluding items, Kohl`s Corp. reported adjusted earnings of $106 million or $0.95 per share for the period.

Analysts on average had expected the company to earn $0.77 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period fell 9.4% to $5.175 billion from $5.710 billion last year.

Kohl`s Corp. earnings at a glance (GAAP) :

-Earnings: $48 Mln. vs. $186 Mln. last year. -EPS: $0.43 vs. $1.67 last year. -Revenue: $5.175 Bln vs. $5.710 Bln last year.