NEW YORK (TheStreet) -- Shares of Kohl's Corp. (KSS) are falling by 2.62% to $56.39 at the start of trading on Thursday, after the specialty retail store reported its 2014 third quarter earnings results, which declined year-over-year and failed to meet analysts' expectations.
For the most recent quarter Kohl's said its net income dropped to $142 million, or 70 cents per diluted share, compared to $177 million, or 81 cents per diluted share for the 2013 third quarter.
Revenue fell by 1.6% to $4.37 billion versus $4.44 billion for the year ago quarter.STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
Analysts polled by Thomson Reuters expected the company to post earnings of 74 cents per share on revenue of $4.41 billion for the latest quarter.
Separately, TheStreet Ratings team rates KOHL'S CORP as a Buy with a ratings score of A. TheStreet Ratings Team has this to say about their recommendation:
"We rate KOHL'S CORP (KSS) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its increase in net income, attractive valuation levels, good cash flow from operations, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself."
You can view the full analysis from the report here: KSS Ratings Report