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

Market news

18 August 2021

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

Target (TGT) reported Q2 FY 2021 earnings of $3.64 per share (versus $3.35 per share in Q2 FY 2020), beating analysts’ consensus estimate of $3.53 per share.

The company’s quarterly revenues amounted to $24.826 bln (+8.1% y/y), roughly in line with analysts’ consensus estimate of $25.032 bln.

TGT fell to $245.00 (-3.79%) in pre-market trading.

NZD/USD to race higher towards 0.72 by year-end as RBNZ set to hike this fall - ING

USD/CNH: Rising bets for a move above 6.5000 - UOB

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.