Assessing Target (TGT) Stock Ahead of Q1 Earnings Release

Target Corporation (TGT) is expected to report a decline in its top line when it announces first-quarter fiscal 2024 results on May 22, before the opening bell. The Zacks Consensus Estimate for revenues stands at $24,504 million, suggesting a decline of approximately 3.2% from the prior-year figure.Despite the anticipated revenue decline, Target's bottom line is expected to remain flat year over year. Over the past seven days, the Zacks Consensus Estimate for earnings per share for the quarter under review ...