Target (NYSE: TGT) reported Q4 EPS of $1.69, $0.04 better than the analyst estimate of $1.65. Revenue for the quarter came in at $23.4 billion versus the consensus estimate of $23.49 billion.

• Fourth quarter comparable sales grew 1.5 percent

GUIDANCE:

Target sees Q1 2020 EPS of $1.55-$1.75, versus the consensus of $1.66.

• In first quarter 2020, Target expects a low-single digit increase in comparable sales and a mid-single digit increase in operating income. The Company expects both GAAP EPS from continuing operations and Adjusted EPS of $1.55 to $1.75.

Target sees FY2020 EPS of $6.70-$7.00, versus the consensus of $6.88.

• For full-year 2020, Target expects a low-single digit increase in comparable sales and a mid-single digit increase in operating income. The Company expects both GAAP EPS from continuing operations and Adjusted EPS of $6.70 to $7.00.
• First quarter and full-year 2020 GAAP EPS from continuing operations may include the impact of certain discrete items, which will be excluded in calculating Adjusted EPS. The Company is not currently aware of any such discrete items.

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