Is Target Unstoppable After Another Big Earnings Beat?

Target has beaten analysts' earnings-per-share estimates every single quarter over the past year, and it surpassed the analyst consensus for EPS by more than $1 twice in the last three quarters of fiscal 2020. It repeated that feat in the first quarter of fiscal 2021. Comparable sales surged 22.9% last quarter, which marked an … See more

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Is Target Unstoppable After Another Big Earnings Beat?

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Is Target Stock A Buy After Its Beat-And-Raise Quarter?

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Aug 21, 2024 · In the three months ended August 3, Target said its revenue increased 2.7% year-over-year to $25.5 billion, driven by a 2% increase in comparable-store sales. Its earnings per …

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Target Stock Soars On Earnings. CEO Rubbishes 'Price Gouging

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Retail giant raised full-year EPS guidance after easy beat. Same-store sales rose for the first time since 2022. ... Target earnings surged 43% to $2.57 a share, with revenue up 2.7% to $25.45 ...

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Why Target Stock Is Getting Crushed Today - Yahoo Finance

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Nov 20, 2024 · After the big earnings miss, Target reduced full-year guidance to a midpoint of $8.60 per share. That's shy of the $9.35 per share it previously offered and also well below the …

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Target Stock Falls 21% As Big Discounting Effort Falls Short - NBC …

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Nov 20, 2024 · Target's stock, as a result, fell more than 21% Wednesday. The discouraging results came despite a heavily touted campaign to discount thousands of items , as well as a …

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Target Stock Is Soaring On Earnings Beat And A New Loyalty Plan

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First-quarter earnings per share will range from $1.70 to $2.10, while full-year earnings per share will range from $8.60 to $9.60, Target said. The midpoints of those earnings-per-share ranges ...

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Why Target Stock Is Getting Crushed Today | The Motley Fool

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Nov 20, 2024 · A growth angle for income investors. After the big earnings miss, Target reduced full-year guidance to a midpoint of $8.60 per share.That's shy of the $9.35 per share it …

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Target Says Consumers ‘still Feel Stretched’ But Stock Surges On Big ...

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Same-store sales, or sales at stores open at least a year, fell 4.4% to beat expectations of a 4.5% decline. Related: Walmart’s stock soars toward a record after earnings beat, Vizio buyout deal

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IBM Stock Rises On Earnings Beat. CEO Says AI Is Helping. - Yahoo

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6 hours ago · For the December quarter, the technology company reported earnings of $3.92 a share versus the consensus estimate of $3.78 a share.

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3 Reasons Target Just Crushed Earnings Estimates Again

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May 20, 2021 · The discount retailer has been unstoppable lately. In a season of strong retail earnings reports, Target (TGT-1.42%) again outdid the competition. The big-box chain has …

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FAQs about Is Target Unstoppable After Another Big Earnings Beat? Coupon?

Did target beat earnings?

Target beat earnings on both the top and bottom lines this morning. Sales growth is slow -- and getting slower -- but profit margins fueled a big jump in earnings. Target raised guidance for Q3 and for the full fiscal year 2024. Yes, Target beat earnings. But with growth slowing, it may no longer be a stock worth buying. ...

Is target the worst S&P 500 stock after earnings?

Target Is the Worst S&P 500 Stock After Earnings. Here's Why Target stock is down big after the retailer missed expectations for its third quarter and slashed its full-year outlook. Here's what Wall Street is saying. When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. ...

Should you buy target stock after a big earnings miss?

But amid all the negativity, there might be room for investors to benefit. Target stock has been up and down this year and was already badly trailing the S&P 500 index even heading into earnings. And that's why some investors should be paying attention. After the big earnings miss, Target reduced full-year guidance to a midpoint of $8.60 per share. ...

Why did target stock jump Wednesday?

Target shares jumped Wednesday after the retailer posted second-quarter earnings that beat expectations. Comparable store sales returned to growth in the quarter, as Target said traffic in stores and digital sales grew from the same time last year. ...

What is target's earnings per share forecast?

The midpoint of its earnings-per-share forecast, $2.15, came in significantly below the $2.62 per share analysts were calling for. For the full fiscal year, Target said it now expects earnings per share to arrive between $8.30 to $8.90, down from its previous forecast for earnings of $9 to $9.70. ...

Did target's 3rd quarter go worse?

Based on the market reaction, it seems the third quarter couldn't have gone worse for discount retailer Target (NYSE: TGT). The company missed third-quarter revenue and earnings estimates and slashed its full-year guidance. Target stock has been up and down this year and was already badly trailing the S&P 500 index even heading into earnings. ...