Target (NYSE:TGT) reported its Q4 earnings results on Tuesday, March 1, 2022 at 06:30 AM.
Here's what investors need to know about the announcement.
Earnings
Target beat estimated earnings by 11.54%, reporting an EPS of $3.19 versus an estimate of $2.86.
Revenue was up $2.66 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.2 which was followed by a 0.69% drop in the share price the next day.
Here's a look at Target's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 2.83 | 3.49 | 2.25 | 2.54 |
| EPS Actual | 3.03 | 3.64 | 3.69 | 2.67 |
| Revenue Estimate | 24.78B | 25.08B | 21.81B | 27.48B |
| Revenue Actual | 25.65B | 25.16B | 24.20B | 28.34B |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
