(Updated - November 19, 2014 8:08 AM EST)

Target (NYSE: TGT) reported Q3 EPS of $0.54, $0.07 better than the analyst estimate of $0.47. Sales were $17.73 billion, versus the consensus of $17.56 billion.

“We’re pleased with our third quarter financial results, which were driven by better-than-expected performance in our U.S. Segment,” said Brian Cornell, chairman and chief executive officer of Target Corporation. “We’re encouraged by the improving trend we’ve seen in our U.S. business throughout the year, and our fourth quarter plans are designed to sustain this momentum. In Canada, we’ve made improvements to our operations, pricing and assortment in time for the holiday season, and we’re eager to measure how our guests respond. The entire company is energized as we approach the peak of the holiday shopping season, and we are looking forward to delivering an outstanding store and digital experience to our guests.”

U.S. comps rose 1.2 percent, versus estimates calling for a 0.6 percent gain.

The company sees FY14 adjusted EPS of $3.15 - $3.25 and Q4 adjusted EPS of $1.13 - $1.23. The Street sees FY14 EPS of $3.19 and Q414 at $1.22.

For earnings history and earnings-related data on Target (TGT) click here.