Target Q1 Earnings Preview: Could Price Cuts Overshadow Results? 'Competitive Dynamics In TGT's Markets,' Analyst Says
Portfolio Pulse from Chris Katje
Target Corporation (NYSE:TGT) is set to report its Q1 earnings on May 22. Analysts expect revenue of $24.51 billion and earnings per share of $2.02. Target has a history of beating estimates, but recent price cuts on 5,000 items may impact results. Analysts have mixed ratings, with some seeing the stock dip as a buying opportunity.
May 21, 2024 | 4:48 pm
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Target is expected to report Q1 earnings with revenue of $24.51 billion and EPS of $2.02. Recent price cuts on 5,000 items may impact results. Analysts have mixed ratings, with some seeing the stock dip as a buying opportunity.
Target's Q1 earnings are anticipated to be in line with analyst expectations, but recent price cuts on 5,000 items could affect the results. Analysts have mixed ratings, with some viewing a potential stock dip as a buying opportunity. The impact on the stock price is uncertain, leading to a neutral short-term outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100