Investing.com - Target (NYSE:TGT) reported third quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $1.36 on revenue of $18.67B. Analysts polled by Investing.com expected EPS of $1.19 on revenue of $18.44B. That compared to EPS of $1.09 on revenue of $17.59B in the same period a year earlier. The company had reported EPS of $1.82 on revenue of $18.42B in the previous quarter.
For the year, Target shares are up 67.73%, outperforming the S&P 500 which is up 25.97% year to date.
Target follows other major Services sector earnings this month
On Thursday, October 24, 2019, Amazon.com reported third quarter EPS of $4.23 on revenue of $69.98B, compared to forecasts of EPS of $4.61 on revenue of $68.83B.
Alibaba ADR earnings beat analyst's expectations on Friday, November 1, 2019, with second quarter EPS of $13.1 on revenue of $119.02B. Investing.com analysts expected EPS of $10.75 on revenue of $116.96B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar