Company News: Target (TGT) quarterly results beat analysts’ forecasts

Market news

2 March 2021

Company News: Target (TGT) quarterly results beat analysts’ forecasts

Target (TGT) reported Q4 FY 2020 earnings of $2.67 per share (versus $1.69 per share in Q4 FY 2019), beating analysts’ consensus estimate of $2.54 per share.

The company’s quarterly revenues amounted to $27.997 bln (+21.0% y/y), beating analysts’ consensus estimate of $27.418 bln.

TGT rose to $187.50 (+0.76%) in pre-market trading.

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