Target (TGT) Misses Q2 EPS by 41c
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Target (NYSE: TGT) reported Q2 EPS of $0.39, $0.41 worse than the analyst estimate of $0.80. Revenue for the quarter came in at $26.04 billion versus the consensus estimate of $26.05 billion. Comparable were up 2.6%.
While the Company is planning cautiously for the remainder of the year, current trends support the company\'s prior guidance for full-year revenue growth in the low- to mid-single digit range, and an operating margin rate in a range around 6% in the back half of the year.
For earnings history and earnings-related data on Target (TGT) click here.
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