Target Corp reports results for the quarter ended January 31 - Earnings Summary

Reuters
04 Mar
Target Corp reports results for the quarter ended January 31 - Earnings Summary
  • Target Corp TGT.N reported quarterly adjusted earnings of $2.41​​ per share for the quarter ended January 31, lower than the same quarter last year, when the company reported EPS of $2.98. The mean expectation of twenty nine analysts for the quarter was for earnings of $2.27 per share. Wall Street expected results to range from $2.09 to $2.41 per share.

  • Revenue fell 3.1% to $30.92 billion from a year ago; analysts expected $30.84 billion.

  • Target Corp's reported EPS for the quarter was $2.41​.

  • The company reported quarterly net income of $1.1 billion.

  • Target Corp shares had fallen by 10.7% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts had risen by about 5.6% in the last three months.​

  • In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 16 "strong buy" or "buy," 21 "hold" and 1 "sell" or "strong sell."

  • The average consensus recommendation for the discount stores peer group is also "buy"

Wall Street's median 12-month price target for Target Corp is $142.00

This summary was machine generated from LSEG data March 4 at 03:21 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Jan. 31 2025

2.27

2.41

Beat

Oct. 31 2024

2.30

1.85

Missed

Jul. 31 2024

2.18

2.57

Beat

Apr. 30 2024

2.06

2.03

Missed

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