Retailer Target Corporation (NYSE:TGT) could show signs of a continued turnaround when the company reports first-quarter financial results on Wednesday before market open.
Here are the earnings estimates, analyst ratings and the key items to watch.
• Target shares are advancing steadily. Why is TGT stock trading higher?
Target Q1 Earnings Estimates
Analysts expect Target to report first-quarter revenue of $24.32 billion, up from $23.85 billion in last year’s first quarter, according to data from Benzinga Pro.
The company missed analyst estimates for revenue in two straight quarters, while beating estimates in six of the past 10 quarters overall.
Analysts expect Target to report first-quarter earnings per share of $1.34, up from $1.30 in last year’s first quarter.
The company has beaten analyst estimates for earnings per share in six of the past 10 quarters, including two straight quarters.
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