Target Reports Third Quarter Results
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Go back to Target Reports Third Quarter Results
November 21, 2018 8:33 AM EST
Stifel analyst Mark Astrachan lowered the price target on Target (NYSE: TGT) to $80.00 (from $93.00) while maintaining a Hold rating following the company's 3Q earnings report. 3Q results operating profit was 6% below consensus driven by comp growth 40bps below consensus and worse-than-anticipated gross... More
November 20, 2018 6:42 AM EST
Target (NYSE: TGT) slammed 9% following EPS and comp miss and margin pressure
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November 20, 2018 6:32 AM EST
(Updated - November 20, 2018 6:39 AM EST)
Target (NYSE: TGT) reported Q3 EPS of $1.09, $0.03 worse than the analyst estimate of $1.12. Revenue for the quarter came in at $17.82 billion versus the consensus estimate of $17.78 billion.
Comparable traffic growth of 5.3 percent and comparable sales growth of 5.1 percent were driven by healthy increases... More
