Target Corp. (TGT) Tops Q2 EPS Views; Sees FY13 EPS at Low-End of Range

Target Corp. (NYSE: TGT) reported Q2 adjusted EPS of $1.19, versus the analyst estimate of $0.95. Revenue for the quarter came in at $17.12 billion versus the consensus estimate of $17.26 billion.

GAAP EPS in the quarter was $0.95.

U.S. comps rose 1.2 percent.

For full-year 2013, Target now expects adjusted EPS will be near the low end of its previous guidance of $4.70 to $4.90, with the Street at $4.33. FY13 GAAP EPS range is $3.75 to $3.95.

Target sees Q313 EPS of $0.80 to $0.90, while the Street is at $0.88. GAAP EPS in Q3 is expected to be $0.55 to $0.65, according to the Company.

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

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