Target (TGT) Tops Q1 EPS by 10c, Q2 EPS Guidance Beats, Offers FY19 Guidance
Get Alerts TGT Hot Sheet
Price: $164.44 -0.54%
Revenue Growth %: -3.2%
Financial Fact:
Net interest expense: 142M
Today's EPS Names:
FRSB, DGICA, UXIN, More
Revenue Growth %: -3.2%
Financial Fact:
Net interest expense: 142M
Today's EPS Names:
FRSB, DGICA, UXIN, More
Join SI Premium – FREE
(Updated - May 22, 2019 6:35 AM EDT)
Target (NYSE: TGT) reported Q1 EPS of $1.53, $0.10 better than the analyst estimate of $1.43. Revenue for the quarter came in at $17.6 billion, versus $17.5 billion reported last year.
- first quarter comparable sales growth of 4.8 percent driven by a 4.3 percent increase in comparable traffic.
GUIDANCE:
Target sees Q2 2019 EPS of $1.52-$1.72, versus the consensus of $1.59.
- Target expects second quarter comparable sales growth in the low- to mid-single digit range, mid-single digit growth in operating income dollars and both GAAP EPS from continuing operations and Adjusted EPS of $1.52 to $1.72.
Target sees FY2019 EPS of $5.75-$6.05, versus the consensus of $5.83.
- For full-year 2019, Target continues to expect a low- to mid-single digit increase in comparable sales, a mid-single digit increase in operating income, and both GAAP EPS from continuing operations and Adjusted EPS of $5.75 to $6.05
For earnings history and earnings-related data on Target (TGT) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Gilead Sciences (GILD) Misses Q1 EPS by 288c
- L3Harris Technologies (LHX) Tops Q1 EPS by 15c; raises guidance
- Allison Transmission (ALSN) Tops Q1 EPS by 2c, Beats on Revenue; Offers FY24 Revenue Guidance
Create E-mail Alert Related Categories
Earnings, Guidance, Hot Earnings, Hot GuidanceRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!