S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom
S&P 500   5,022.21
DOW   37,753.31
QQQ   425.84
ASML Fires Warning Shot For Tech Investors
Checking in with 5 Bitcoin Stocks Ahead of Bitcoin's Halving
Closing prices for crude oil, gold and other commodities
Lululemon’s P/E Is Back to 2017 Levels: Should You Buy the Dip?
Stock market today: Wall Street dips to send S&P 500 to its longest losing streak since January
Abbott Laboratories Outlook is Healthy: Buy the Dip
Prologis Stock Leading U.S. Logistics Boom

Target (TGT) Earnings Date, Estimates & Call Transcripts

$164.47
+1.15 (+0.70%)
(As of 04/17/2024 ET)

Earnings Summary

Upcoming
Earnings Date
May. 15Estimated
Actual EPS
(Mar. 5)
$2.98 Beat By $0.57
Consensus EPS
(Mar. 5)
$2.41
Skip Charts & View Estimated and Actual Earnings Data

TGT Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

TGT Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Target Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20247$1.70$3.09$2.171.700 - 2.100
Q2 20247$1.41$4.33$1.97 
Q3 20247$1.40$4.14$2.04 
Q4 20247$2.30$4.15$2.81 
FY 202428$6.81$15.71$8.99 
Q1 20255$2.00$2.34$2.15 
Q2 20254$1.89$2.18$2.08 
Q3 20254$2.02$2.77$2.34 
Q4 20254$2.84$3.25$2.99 
FY 202517$8.75$10.54$9.55 
Q1 20262$2.25$2.37$2.31 
Q2 20262$2.42$2.48$2.45 
Q3 20262$2.56$2.58$2.57 
Q4 20262$3.21$3.35$3.28 
FY 20268$10.44$10.78 $10.61

TGT Earnings Date and Information

Target last announced its earnings data on March 5th, 2024. The retailer reported $2.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.41 by $0.57. The firm had revenue of $31.47 billion for the quarter, compared to analyst estimates of $31.83 billion. Its revenue for the quarter was up 1.6% compared to the same quarter last year. Target has generated $8.93 earnings per share over the last year ($8.93 diluted earnings per share) and currently has a price-to-earnings ratio of 18.4. Earnings for Target are expected to grow by 12.46% in the coming year, from $9.39 to $10.56 per share. Target has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, May 15th, 2024 based off prior year's report dates.

Target Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
5/15/2024
Estimated)
------- 
3/5/2024Q1 2024$2.41$2.98+$0.57$2.98$31.83 billion$31.47 billion    
11/15/2023Q4 2023$1.48$2.10+$0.62$2.10$25.28 billion$25.00 billion      
8/16/2023Q3 2023$1.41$1.80+$0.39$1.80$25.18 billion$24.77 billion    
5/17/2023Q1 2023$1.76$2.05+$0.29$2.05$25.28 billion$24.95 billion    
2/28/2023Q4 2022$1.40$1.89+$0.49$1.89$30.73 billion$31.40 billion    
11/16/2022Q3 2023$2.15$1.54($0.61)$1.54$26.40 billion$26.12 billion    
8/17/2022Q2 2023$0.71$0.39($0.32)$0.39$26.07 billion$26.04 billion    
5/18/2022Q1 2023$3.00$2.19($0.81)$2.22$24.48 billion$24.83 billion    
3/1/2022Q4 2022$2.86$3.19+$0.33$3.17$31.40 billion$31.00 billion    
11/17/2021Q4 2021$2.83$3.03+$0.20$3.02$24.60 billion$25.29 billion    
8/17/2021Q3 2021$3.49$3.64+$0.15$3.63$25.03 billion$24.83 billion    
5/18/2021Q2 2021$2.25$3.69+$1.44$3.21$21.13 billion$23.88 billion  

Target Earnings - Frequently Asked Questions

When is Target's earnings date?

Target has not confirmed its next earnings publication date, but the company's estimated earnings date is Wednesday, May 15th, 2024 based off last year's report dates. Learn more on TGT's earnings history.

Did Target beat their earnings estimates last quarter?

In the previous quarter, Target (NYSE:TGT) reported $2.98 earnings per share (EPS) to beat the analysts' consensus estimate of $2.41 by $0.57. Learn more on analysts' earnings estimate vs. TGT's actual earnings.

How can I listen to Target's earnings conference call?

The conference call for Target's latest earnings report can be listened to online. Listen to Conference Call

How can I read Target's conference call transcript?

The conference call transcript for Target's latest earnings report can be read online. Read Transcript

How much revenue does Target generate each year?

Target (NYSE:TGT) has a recorded annual revenue of $107.41 billion.

How much profit does Target generate each year?

Target (NYSE:TGT) has a recorded net income of $4.14 billion. TGT has generated $8.93 earnings per share over the last four quarters.

What is Target's price-to-earnings ratio?

Target (NYSE:TGT) has a trailing price-to-earnings ratio of 18.42 and a forward price-to-earnings ratio of 17.52. The price/earnings-to-growth ratio is 1.55.

What is Target's EPS forecast for next year?

Target's earnings are expected to grow from $9.39 per share to $10.56 per share in the next year, which is a 12.46% increase.


More Earnings Resources from MarketBeat

This page (NYSE:TGT) was last updated on 4/17/2024 by MarketBeat.com Staff

From Our Partners