Target (TGT) Tops Q3 EPS by $1.19, Comps Increase 20.7%

Target (NYSE: TGT) reported Q3 EPS of $2.79, $1.19 better than the analyst estimate of $1.60. Revenue for the quarter came in at $22.34 billion versus the consensus estimate of $20.93 billion.

• Third quarter comparable sales grew 20.7 percent

Fiscal 2020 Guidance:

During the first quarter, the Company withdrew its guidance given the unusually wide range of potential outcomes, in light of the highly fluid and uncertain outlook for consumer shopping patterns and the impact of COVID-19.

For earnings history and earnings-related data on Target (TGT) click here.

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