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Benzinga
82 days

Top Wall Street Forecasters Revamp Kohl's Expectations Ahead Of Q1 Earnings

1. KSS expected to report a loss of 22 cents per share. 2. Projected quarterly revenue is $3.06 billion, down from $3.18 billion. 3. Kohl’s shares gained 2.4% to $8.10 before earnings report. 4. Recent analyst ratings vary, indicating mixed market sentiment. 5. JP Morgan raised KSS price target from $7 to $8.

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FAQ

Why Bearish?

The forecasted loss and revenue decline suggest financial struggles, impacting investor confidence.

How important is it?

The earnings report is critical for short-term price movement, directly influencing investment strategies.

Why Short Term?

Earnings results can affect stock price immediately; a poor report may amplify concerns.

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