Target Corporation (NYSE:TGT) is set to announce third quarter earning results on Wednesday 18th November 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, TGT to report 3Q20 income of $ 1.60 per share.
For the full year, analysts anticipate top line of $ 88576.30 million, while looking forward to income of $ 7.32 per share bottom line.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 6.70 ~ $ 7.00 per share
Click Here For More Historical Outlooks Of Target Corporation
Previous Quarter Performance
Target Corporation revealed income for the second quarter of $ 3.38 per share, from the revenue of $ 22,975.00 million. The quarterly earnings gained 148.53 percent while revenues swell 23.09 percent compared with the same quarter last year.
Street analysts expected Target Corporation to report income of $ 1.31 per share on revenue of $ 19833.00 million for the second quarter. The bottom line results beat street analysts by $ 2.07 or 158.02 percent, at the same time, top line results outshined analysts by $ 3,142.00 million or 15.84 percent.
Stock Performance
Shares of Target Corporation traded low $ -1.46 or -0.89 percent on Tuesday, reaching $ 163.04 with volume of 6.06 million shares. Target Corporation has traded high as $ 164.71 and has cracked $ 160.51 on the downward trend
According to the previous trading day, closing price of $ 163.04, representing a 82.43 % increase from the 52 week low of $ 90.17 and a 1.74 % decrease over the 52 week high of $ 167.42.
The company has a market capital of $ 81.62 billion and is part of the Consumer Defensive sector and Discount Stores industry.
Target Corporation operates as a general merchandise retailer in the United States. The company offers beauty and household essentials; food assortments, including perishables, dry grocery, dairy, and frozen items; and apparel, accessories, home décor products, electronics, toys, seasonal offerings, and other merchandise. The company also provides in-store amenities, such as Target Café, Target Optical, Starbucks, and other food service offerings.
