Target Earnings Preview
Portfolio Pulse from Benzinga Insights
Target (NYSE:TGT) is expected to report an EPS of $1.48 in its upcoming quarterly earnings on Wednesday, 2023-11-15. Investors are looking for an earnings beat and positive guidance for the next quarter. Target's stock performance has been negative over the last year, with shares down 30.66%. Past earnings have shown mixed results with both beats and misses affecting stock price variably.
November 14, 2023 | 2:00 pm
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NEUTRAL IMPACT
Target is anticipated to report an EPS of $1.48, with investors hoping for a beat and positive future guidance. The stock has declined by 30.66% over the past year, indicating potential volatility post-earnings.
The short-term impact on TGT's stock price will likely depend on whether the company beats the EPS estimate and provides positive guidance. Historical data shows that the stock price can be influenced by earnings performance, but the recent downward trend suggests investor sentiment is low. The score is neutral due to the uncertainty of earnings outcomes and their effects.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100