Target (NYSE:TGT) reported its Q1 earnings results on Wednesday, May 17, 2023 at 06:30 AM.

Here's what investors need to know about the announcement.

Earnings

Target beat estimated earnings by 16.48%, reporting an EPS of $2.05 versus an estimate of $1.76.

Revenue was up $152.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.49 which was followed by a 3.62% drop in the share price the next day.

Here's a look at Target's past performance:

To track all earnings releases for Target visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.