TJX Companies (NYSE: TJX) is expected to report Q1 earnings on May 21. Here's what Wall Street wants to see:

The 10-second takeaway
 Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict TJX Companies's revenues will increase 6.3% and EPS will expand 12.7%.

The average estimate for revenue is $6.16 billion. On the bottom line, the average EPS estimate is $0.62.

Revenue details
 Last quarter, TJX Companies recorded revenue of $7.75 billion. GAAP reported sales were 15% higher than the prior-year quarter's $6.71 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 Last quarter, EPS came in at $0.82. GAAP EPS of $0.82 for Q4 were 32% higher than the prior-year quarter's $0.62 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
 For the preceding quarter, gross margin was 28.6%, 140 basis points better than the prior-year quarter. Operating margin was 12.6%, 120 basis points better than the prior-year quarter. Net margin was 7.8%, 70 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $27.19 billion. The average EPS estimate is $2.83.

Investor sentiment
 The stock has a five-star rating (out of five) at Motley Fool CAPS, with 585 members out of 651 rating the stock outperform, and 66 members rating it underperform. Among 197 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 187 give TJX Companies a green thumbs-up, and 10 give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on TJX Companies is outperform, with an average price target of $48.39.

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