Target TGT announces its next round of earnings this Tuesday, March 3. Here is Benzinga's everything-that-matters guide for the Q4 earnings announcement.
Earnings and Revenue
Target EPS will likely be near $1.66 while revenue will be around $23.49 billion, according to analysts.
See Also: Here's How Much Investing $100 In Target Stock Back In 2010 Would Be Worth Today
In the same quarter last year, Target reported earnings per share of $1.53 on sales of $22.98 billion. If the company were to match the consensus estimate when it reports Tuesday, EPS would be up 8.50%. Revenue would be up 2.23% from the same quarter last year. Here's how the company's EPS has stacked up against analyst estimates in the past:
| Quarter | Q3 2019 | Q2 2019 | Q1 2019 | Q4 2018 |
| EPS Estimate | 1.190 | 1.620 | 1.430 | 1.52 |
| EPS Actual | 1.360 | 1.820 | 1.530 | 1.53 |
Stock Performance
Over the last 52-week period, shares are up 41.8%. Given that these returns are generally positive, long-term shareholders should be content going into this earnings release.
Over the past 90 days, analysts have generally adjusted their estimates higher for EPS and revenues. The most common rating by analysts on Target stock is a Neutral. The strength of this rating has maintained conviction over the past three months.
Conference Call
Target is scheduled to hold a conference call at 9:00 a.m. ET and can be accessed here: https://events.qwikcast.tv/public/QwikCast/QwikCastEvent?eventKey=d68dfeb9-ee46-47b8-9755-90f1a081fd2d
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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