Target Reports Q4 Adjusted EPS of $2.44
Summary
Target Corp. has reported its fourth-quarter adjusted earnings per share (EPS) of $2.44. This announcement provides a key financial metric for the company's recent performance. This follows a recent news item from March 2nd where Target had already lowered its Q4 sales forecast, potentially setting a cautious tone for the full earnings release. Traders will now be closely comparing this reported EPS figure against consensus estimates to gauge whether the company met, exceeded, or missed expectations, which will drive immediate stock price movements.
At the time of this announcement, TGT was trading at $115.00 on NYSE in the Trade & Services sector, with a market capitalization of approximately $51.2B. The 52-week trading range was $83.44 to $127.06. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.