Thursday, November 17, 2016

Target Corp. (TGT) Broke Out On Strong Q3 Profit & Increased Guidance

Target Corp. (TGT) reported third quarter adjusted EPS of $1.04 Wednesday morning, up from $0.86 a year ago. Analysts expected EPS of $0.83. The company expects to report fourth quarter EPS of $1.55 to $1.75. Target also increased its full year EPS forecast to between $5.10 and $5.30, from prior expectations of $4.80 to $5.20. The consensus estimates are for EPS of $1.60 and $4.94.

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