Categories AlphaGraphs, Earnings, Retail
TGT Earnings: Key quarterly highlights from Target’s Q3 2022 financial results
Target Corporation (NYSE: TGT) reported third quarter 2022 earnings results today.
Total revenue was $26.5 billion, up 3.4% compared to the same period last year. Comparable sales rose 2.7%.
Net earnings dropped 52.1% to $712 million while EPS fell 49.3% to $1.54. Adjusted EPS declined 49.1% to $1.54.
Revenue beat estimates but earnings fell short of expectations, sending the stock plummeting 14% in premarket hours.
Target anticipates a low single digit decline in comparable sales for the fourth quarter of 2022.
Prior performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
LMT Earnings: A snapshot of Lockheed Martin’s Q1 2024 financial results
Aerospace company Lockheed Martin Corporation (NYSE: LMT) Tuesday reported lower earnings for the first quarter of 2024, despite an increase in sales. The company also reaffirmed its fiscal 2024 guidance.
General Motors (GM) Q1 2024 Earnings: Key financials and quarterly highlights
General Motors Co. (NYSE: GM) reported its first quarter 2024 earnings results today. Revenue increased 7.6% year-over-year to $43 billion. Net income attributable to stockholders increased 24.4% to $2.98 billion
GE Earnings: General Electric Q1 2024 adj. profit jumps on higher revenues
The General Electric Company (NYSE: GE), which became three separate companies after a recent split -- GE Aerospace, GE Venova, and GE Healthcare -- reported a sharp increase in adjusted
