Investing.com - Target (NYSE:TGT) reported fourth quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $1.53 on revenue of $22.98B. Analysts polled by Investing.com expected EPS of $1.52 on revenue of $22.92B. That compared to EPS of $1.37 on revenue of $22.77B in the same period a year earlier. The company had reported EPS of $1.09 on revenue of $17.59B in the previous quarter.
For the year, Target shares are up 9.96%, under-performing the S&P 500 which is up 12.75% year to date.
Target follows other major Services sector earnings this month
On Tuesday, February 19, 2019, Walmart reported fourth quarter EPS of $1.41 on revenue of $138.8B, compared to forecasts of EPS of $1.33 on revenue of $138.76B.
Home Depot earnings beat analyst's expectations on Tuesday, February 26, 2019, with fourth quarter EPS of $2.25 on revenue of $26.49B. Investing.com analysts expected EPS of $2.16 on revenue of $26.58B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar