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

Notícias do Mercado

20 novembro 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.

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