Target (TGT) Q2 Earnings Lag Estimates

Target (TGT) came out with quarterly earnings of $2.05 per share, missing the Zacks Consensus Estimate of $2.09 per share. This compares to earnings of $2.57 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of -1.91%. A quarter ago, it was expected that this retailer would post earnings of $1.62 per share when it actually produced earnings of $1.3, delivering a surprise of -19.75%. Over the last four quarters, the company has su ...