Earnings
Home›Earnings›Results›Target earnings top estimates as outlook is raised
Target earnings top estimates as outlook is raised
Target reported fiscal second-quarter results that beat expectations, with the company also hiking its outlook.
Target’s fiscal second-quarter results beat expectations, helping the stock jump early Wednesday, according to Yahoo Finance.
The article says Target’s earnings easily topped the view in the quarter, while revenue, same-store sales, and guidance also landed in stronger-than-expected territory.
It also notes that Target raised its outlook alongside the results, which contributed to the upbeat reaction in shares.
← Newer storyDow and S&P 500 rise as long-dated bond yields pull backOlder story →On Holding stock slides to multi-year lows as guidance is cut