Target Q3 Earnings Preview: From $500M Loss To 40% EPS Growth
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Analysts are optimistic about Target's Q3 earnings, expecting $26B in revenue and a 9.5% YoY EPS growth. Despite challenges like shrinkage, Target's efficiency improvements have led to a $500M gain. FY 2023 showed a 50% YoY EPS increase and higher margins, though sales were declining.
November 14, 2024 | 3:15 pm
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Target is expected to report strong Q3 earnings with $26B in revenue and a 9.5% YoY EPS growth. Efficiency improvements have led to a $500M gain, contributing to a 50% YoY EPS increase for FY 2023, despite declining sales.
The article highlights positive expectations for Target's Q3 earnings, with significant efficiency gains and strong FY 2023 results. These factors are likely to positively impact Target's stock price in the short term.
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IMPORTANCE 90
RELEVANCE 100