Target Sees Q2 EPS $1.95-$2.35 vs $2.19 Est., Sees FY24 EPS $8.60-$9.60
Portfolio Pulse from Benzinga Newsdesk
Target Corporation has released its Q2 earnings per share (EPS) guidance, projecting a range of $1.95 to $2.35, compared to the estimated $2.19. Additionally, the company has provided its full-year 2024 EPS guidance, expecting it to be between $8.60 and $9.60.
May 22, 2024 | 10:33 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Target Corporation has provided its Q2 EPS guidance, which ranges from $1.95 to $2.35, compared to the estimated $2.19. The company also expects its full-year 2024 EPS to be between $8.60 and $9.60.
Target's Q2 EPS guidance is slightly above the estimate at the higher end, which is likely to be viewed positively by investors. The full-year 2024 EPS guidance also shows a strong outlook, which could boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100