A Preview Of Target's Earnings

On Wednesday, August 19, Target TGT will report its last quarter's earnings. Here is Benzinga's preview of the company's release.

Earnings and Revenue

Wall Street expects EPS of $1.46 and sales around $19.67 billion. In the same quarter last year, Target reported earnings per share of $1.82 on revenue of $18.42 billion. The analyst consensus estimate would represent a 19.78% decline in the company's EPS figure. Revenue would be up 6.77% from the same quarter last year. In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:

Stock Performance

Over the last 52-week period, shares are up 32.4%. Given that these returns are generally positive, long-term shareholders are probably happy going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Target is scheduled to hold the call at 08:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/8vnw9bov