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Benzinga
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Kohl's Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

1. Kohl's Q2 earnings projected at 30 cents, down from 59 cents last year. 2. Revenue expected at $3.37 billion, lower than $3.52 billion a year prior. 3. Analysts maintain mixed ratings; Telsey at Market Perform, JP Morgan at Underweight. 4. Kohl's shares dropped 6.5% to $13.04 a day before earnings release. 5. Analyst predictions suggest cautious sentiment towards KSS ahead of results.

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FAQ

Why Bearish?

Earnings decline and revenue drop indicate worsening financial health. Historical precedent shows significant price declines often follow underwhelming earnings results.

How important is it?

The significant expected drop in both earnings and revenue suggests potential further declines in stock price, affecting investor sentiment.

Why Short Term?

The imminent earnings report will likely influence the stock price immediately. Market reactions typically align closely with quarterly performance disclosures.

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