Target (TGT) Earnings Date, Estimates & Call Transcripts

$159.25

+15.93 (+11.11%)

(As of 08/21/2024 ET)

Upcoming Earnings Date: Nov. 20Estimated
Actual EPS (Aug. 21): $2.57 Beat By $0.39
Consensus EPS (Aug. 21): $2.18

TGT Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

TGT Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

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Target Analyst EPS Estimates

Quarter	Number of Estimates	Low Estimate	High Estimate	Average Estimate	Company Guidance
Q1 2024	7	$1.70	$3.09	$2.17	1.700 - 2.100
Q2 2024	7	$1.41	$4.33	$1.97	1.950 - 2.350
Q3 2024	7	$1.40	$4.14	$2.04	2.100 - 2.400
Q4 2024	7	$2.30	$4.15	$2.81
FY 2024	28	$6.81	$15.71	$8.99
Q1 2025	5	$2.00	$2.34	$2.15
Q2 2025	5	$1.89	$2.19	$2.08
Q3 2025	4	$2.09	$2.77	$2.36
Q4 2025	4	$2.78	$3.25	$2.95
FY 2025	18	$8.76	$10.55	$9.55
Q1 2026	2	$2.28	$2.30	$2.29
Q2 2026	2	$2.46	$2.48	$2.47
Q3 2026	2	$2.52	$2.63	$2.58
Q4 2026	2	$3.15	$3.28	$3.22
FY 2026	8	$10.41	$10.69	$10.55
Q1 2027	1	$2.47	$2.47	$2.47

TGT Earnings Date and Information

Target last issued its quarterly earnings data on August 21st, 2024. The retailer reported $2.57 earnings per share for the quarter, topping analysts' consensus estimates of $2.18 by $0.39. The business had revenue of $25.02 billion for the quarter, compared to analysts' expectations of $25.19 billion. Its revenue for the quarter was up 1.0% on a year-over-year basis. Target has generated $8.91 earnings per share over the last year ($8.91 diluted earnings per share) and currently has a price-to-earnings ratio of 17.9. Earnings for Target are expected to grow by 12.78% in the coming year, from $9.31 to $10.50 per share.

Target Earnings History by Quarter

Time Frame

Start Date

End Date

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Date	Quarter	Consensus Estimate	Reported EPS	Beat/Miss	GAAP EPS	Revenue Estimate	Actual Revenue
11/20/2024 (Estimated)	-	-	-	-	-	-	-
8/21/2024	Q2 2024	$2.18	$2.57	+$0.39	$2.57	$25.19 billion	$25.02 billion
5/22/2024	Q1 2024	$2.05	$2.03	($0.02)	$2.03	$24.52 billion	$24.14 billion
3/5/2024	Q1 2024	$2.41	$2.98	+$0.57	$2.98	$31.83 billion	$31.47 billion
11/15/2023	Q4 2023	$1.48	$2.10	+$0.62	$2.10	$25.28 billion	$25.00 billion
8/16/2023	Q3 2023	$1.41	$1.80	+$0.39	$1.80	$25.18 billion	$24.77 billion
5/17/2023	Q1 2023	$1.76	$2.05	+$0.29	$2.05	$25.28 billion	$24.95 billion
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2/28/2023	Q4 2022	$1.40	$1.89	+$0.49	$1.89	$30.73 billion	$31.40 billion
11/16/2022	Q3 2023	$2.15	$1.54	($0.61)	$1.54	$26.40 billion	$26.12 billion
8/17/2022	Q2 2023	$0.71	$0.39	($0.32)	$0.39	$26.07 billion	$26.04 billion
5/18/2022	Q1 2023	$3.00	$2.19	($0.81)	$2.22	$24.48 billion	$24.83 billion
3/1/2022	Q4 2022	$2.86	$3.19	+$0.33	$3.17	$31.40 billion	$31.00 billion
11/17/2021	Q4 2021	$2.83	$3.03	+$0.20	$3.02	$24.60 billion	$25.29 billion
8/17/2021	Q3 2021	$3.49	$3.64	+$0.15	$3.63	$25.03 billion	$24.83 billion
5/18/2021	Q2 2021	$2.25	$3.69	+$1.44	$3.21	$21.13 billion	$23.88 billion
3/1/2021	Q1 2021	$2.54	$2.67	+$0.13	$2.61	$27.42 billion	$28.00 billion
11/17/2020	Q4 2020	$1.60	$2.79	+$1.19	$3.57	$20.91 billion	$22.63 billion
8/19/2020	Q3 2020	$1.64	$3.38	+$1.74	$3.41	$20.11 billion	$22.98 billion
5/20/2020	Q2 2020	$0.40	$0.59	+$0.19	$0.62	$19.04 billion	$19.37 billion
3/3/2020	Q1 2020	$1.66	$1.69	+$0.03	$1.75	$23.45 billion	$23.40 billion
11/20/2019	Q4 2019	$1.19	$1.36	+$0.17	$1.33	$18.45 billion	$18.41 billion

Target Earnings - Frequently Asked Questions

When did Target announce their last quarterly earnings?: Target (NYSE:TGT) last announced its quarterly earning data on Wednesday, August 21, 2024. Learn more on TGT's earnings history.
What guidance has Target issued on next quarter's earnings?: Target issued an update on its FY25 earnings guidance on Wednesday, August, 21st. The company provided EPS guidance of $9.00-9.70 for the period, compared to the consensus earnings per share estimate of $9.23.
Did Target beat their earnings estimates last quarter?: In the previous quarter, Target (NYSE:TGT) reported $2.57 earnings per share (EPS) to beat the analysts' consensus estimate of $2.18 by $0.39. Learn more on analysts' earnings estimate vs. TGT's actual earnings.
How can I listen to Target's earnings conference call?: The conference call for Target's latest earnings report can be listened to online. Listen to Conference Call
How can I read Target's conference call transcript?: The conference call transcript for Target's latest earnings report can be read online. Read Transcript
How much revenue does Target generate each year?: Target (NYSE:TGT) has a recorded annual revenue of $106.62 billion.
How much profit does Target generate each year?: Target (NYSE:TGT) has a recorded net income of $4.14 billion. TGT has generated $8.91 earnings per share over the last four quarters.
What is Target's price-to-earnings ratio?: Target (NYSE:TGT) has a trailing price-to-earnings ratio of 17.87 and a forward price-to-earnings ratio of 17.11. The price/earnings-to-growth ratio is 1.38.
What is Target's EPS forecast for next year?: Target's earnings are expected to grow from $9.31 per share to $10.50 per share in the next year, which is a 12.78% increase.