Target Corporation Ranks 62nd in Trading Volume with $9.89 Billion as Earnings Call Looms

Generated by AI AgentAinvest Market Brief
Tuesday, May 20, 2025 7:48 pm ET1min read

On May 20, 2025,

(TGT) saw a trading volume of $9.89 billion, ranking 62nd in the day's stock market activity. The stock price increased by 0.13%.

Target Corporation has announced that it will webcast its first quarter earnings conference call on Wednesday, May 21, 2025, at 7:00 a.m. central time. Investors and the public are invited to listen to the call through the company's website at Corporate.

.com/Investors.

Analysts are expecting Target's revenue to remain flat year on year at $24.41 billion, which would be an improvement from the 3.1% decrease recorded in the same period last year. However, analysts project a 1% decline in comparable sales for the quarter, indicating potential challenges in maintaining sales growth.

Wall Street expects the Minneapolis-based retail giant to post earnings per share (EPS) of $1.67 on revenue of $24.38 billion, implying a near 1% fall during the quarter. This projection suggests that while earnings may meet expectations, revenue growth remains a concern.

FactSet expects Target earnings to fall 21% compared to the same period last year, to $1.61 per share. Analysts forecast a 1.2% dip in revenue to $24.27 billion, with same-store sales also expected to decline. This indicates that the company may face significant headwinds in the near term.

Target is set to announce its fiscal first-quarter earnings on Wednesday, with analysts forecasting earnings of $1.70 per share on $24.4 billion in revenue. This announcement will be closely watched by investors as it will provide insights into the company's performance and future outlook.

Comments



Add a public comment...
No comments

No comments yet