Target Q2 2024 Adj. EPS $2.57 Beats $2.20 Estimate, Sales $25.450B Beat $25.229B Estimate
Portfolio Pulse from Benzinga Newsdesk
Target's Q2 2024 earnings and sales exceeded analyst expectations, with EPS at $2.57 and sales at $25.450 billion, marking significant year-over-year growth.
August 21, 2024 | 10:31 am
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Target reported Q2 2024 earnings per share of $2.57, surpassing the analyst estimate of $2.20, and sales of $25.450 billion, exceeding the $25.229 billion estimate. This reflects a 42.78% increase in EPS and a 2.73% increase in sales compared to the previous year.
Target's earnings and sales both exceeded expectations, indicating strong financial performance. The significant year-over-year growth in EPS and sales suggests positive market sentiment and potential upward movement in stock price.
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