Company News: Target Corp. (TGT) quarterly results miss analysts’ estimates

Market news

20 November 2018

Company News: Target Corp. (TGT) quarterly results miss analysts’ estimates

Target Corp. (TGT) reported Q3 FY 2018 earnings of $1.09 per share (versus $0.91 in Q3 FY 2017), missing analysts’ consensus estimate of $1.11.

The company’s quarterly revenues amounted to $17.590 bln (+5.7% y/y), missing analysts’ consensus estimate of $17.810 bln.

TGT fell to $69.95 (-9.33%) in pre-market trading.

Company News: Lowe's Companies (LOW) quarterly earnings beat analysts’ forecast

Bitcoin, the largest cryptocurrency, touched a new low in more than a year on Tuesday, reaching around $4,200

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