Target (TGT) Q4 Earnings Top Estimates

Core Viewpoint - Target (TGT) reported quarterly earnings of $2.44 per share, exceeding the Zacks Consensus Estimate of $2.17 per share, and showing a slight increase from $2.41 per share a year ago, indicating a positive earnings surprise of +12.29% [1] Financial Performance - Target's revenues for the quarter ended January 2026 were $30.45 billion, which fell short of the Zacks Consensus Estimate by 0.21% and decreased from $30.92 billion year-over-year [2] - Over the last four quarters, Target has surpassed consensus EPS estimates two times and topped revenue estimates only once [2] Stock Performance - Target shares have increased approximately 15.8% since the beginning of the year, significantly outperforming the S&P 500, which gained only 0.5% [3] Future Outlook - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the next quarter is $1.47 on revenues of $24.38 billion, and for the current fiscal year, it is $7.73 on revenues of $107.14 billion [7] Industry Context - The Retail - Discount Stores industry, to which Target belongs, is currently ranked in the top 37% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact Target's stock performance [5]