Target: Fiscal Q4 Earnings Snapshot
By AP News
Published - Mar 05, 2024, 06:41 AM ET
Last Updated - Mar 05, 2024, 06:41 AM EST
MINNEAPOLIS (AP) — MINNEAPOLIS (AP) — Target Corp. (TGT) on Tuesday reported fiscal fourth-quarter earnings of $1.38 billion.
The Minneapolis-based company said it had profit of $2.98 per share.
The results beat Wall Street expectations. The average estimate of 16 analysts surveyed by Zacks Investment Research was for earnings of $2.41 per share.
The retailer posted revenue of $31.47 billion in the period, missing Street forecasts. Twelve analysts surveyed by Zacks expected $31.84 billion.
