Target (TGT) Tops Q4 EPS by 1c, FY EPS Guidance Beats
(Updated - March 5, 2019 6:37 AM EST)
Target (NYSE: TGT) reported Q4 EPS of $1.53, $0.01 better than the analyst estimate of $1.52. Total revenue for the quarter came in at $22.98 billion versus the consensus estimate of $22.96 billion.
Fourth quarter comparable sales grew 5.3 percent on traffic growth of 4.5 percent.
GUIDANCE:
- Target sees FY2019 EPS of $5.75-$6.05, versus the consensus of $5.61.
- For full-year 2019, Target expects a low- to mid-single digit increase in comparable sales and a mid-single digit increase in operating income.
- Target sees Q1 EPS of $1.32-$1.52, versus the consensus of $1.43.
- In first quarter 2019, Target expects a low- to mid-single digit increase in comparable sales
For earnings history and earnings-related data on Target (TGT) click here.