Company News: Target (TGT) quarterly earnings beat analysts’ forecast

Market news

20 November 2019

Company News: Target (TGT) quarterly earnings beat analysts’ forecast

Target (TGT) reported Q3 FY 2019 earnings of $1.36 per share (versus $1.09 in Q3 FY 2018), beating analysts’ consensus estimate of $1.18.

The company’s quarterly revenues amounted to $18.414 bln (+4.7% y/y), generally in line with analysts’ consensus estimate of $18.450 bln.

The company also raised FY 2019 EPS guidance to $6.25-6.45 vs. analysts’ consensus estimate of $6.17 and its prior guidance of $5.90-6.20.

TGT rose to $121.00 (+9.16%) in pre-market trading.

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

China's academics: China won’t want to link Hong Kong bill impact to trade deal - CNBC's Beijing correspondent Yoon

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.