TGT
$76.41
Target
($.36)
(.47%)

Earnings History

Earnings
Revenue
Reaction
Drift
In-line Guidance
Q 01/2012
11/16/2011
7:30:00 AM
$1.43 to $1.53
$1.47
-0.5%
-5.8%
Guidance:
Consensus:
Target Guides In-line

Target Corp. said it expects fourth quarter earnings of $1.43 to $1.53 per share. The current consensus earnings estimate is $1.47 per share for the quarter ending January 31, 2012.
EPS Below Estimates
Q 01/2012
1/5/2012
8:00:02 AM
$1.35 to $1.43
$1.48
-3.0%
3.8%
Guidance:
Consensus:
Target Lowers Guidance

Target Corp. said it expects fourth quarter earnings of $1.35 to $1.43 per share. The company's previous guidance was earnings of $1.43 to $1.53 per share and the current consensus earnings estimate is $1.48 per share for the quarter ending January 31, 2012.
In-line Guidance
FY 2013
2/23/2012
7:30:01 AM
$4.05 to $4.25
2.9%
6.2%
Guidance:
Consensus:
Target Guides In-line

Target Corp. said it expects first quarter earnings of $0.88 to $0.98 per share, including the impact of the Canadian entry. The current consensus earnings estimate is $0.94 per share for the quarter ending April 30, 2012. The company said it expects fiscal year earnings of $4.05 to $4.25 per share. The current consensus earnings estimate is $4.25 per share for the year ending January 31, 2013.
Raises Guidance
Q 04/2012
4/5/2012
8:00:02 AM
$0.96 to $1.02
$0.96
-0.2%
-0.2%
Guidance:
Consensus:
Target Ups Guidance

Target Corp. said it expects first quarter earnings of $0.96 to $1.02 per share. The company's previous guidance was earnings of $0.88 to $0.98 per share and the current consensus earnings estimate is $0.96 per share for the quarter ending April 30, 2012.
Raises Guidance In-line with Estimates
FY 2013
5/16/2012
7:30:00 AM
$4.10 to $4.30
earnings of $4.25
0.4%
1.6%
Guidance:
Consensus:
Target Raises Guidance, but Remains In-line with Estimates

Target Corp. said it expects second quarter GAAP earnings of $0.94 to $1.04 per share and fiscal year earnings of $4.10 to $4.30 per share. The company's previous guidance was for fiscal year earnings of $4.05 to $4.25 per share. The current consensus earnings estimate is $0.99 per share for the quarter ending July 31, 2012 and earnings of $4.25 per share for the year ending January 31, 2013.
Reaffirms
Q 07/2012
7/5/2012
8:00:01 AM
$0.94 to $1.04
$1.01
-1.1%
4.3%
Guidance:
Consensus:
Target Reaffirms

Target Corp. said it continues to expect second quarter GAAP earnings of $0.94 to $1.04 per share. The current consensus earnings estimate is $1.01 per share for the quarter ending July 31, 2012.
In-line Guidance
Q 10/2012
8/15/2012
7:30:02 AM
$0.69 to $0.79
$0.76
1.8%
-1.1%
Guidance:
Consensus:
Target Raises Guidance, but Remains In-line with Estimates

Target Corp. said it expects third quarter GAAP earnings of $0.69 to $0.79 per share and now expects fiscal year earnings of $4.20 to $4.40 per share. The company's previous guidance was for fiscal year earnings of $4.10 to $4.30 per share. The current consensus earnings estimate is $0.76 per share for the quarter ending October 31, 2012 and earnings of $4.29 per share for the year ending January 31, 2013.
In-line Guidance
Q 01/2013
11/15/2012
7:30:04 AM
$1.45 to $1.55
$1.50
1.7%
3.6%
Guidance:
Consensus:
Target Guides In-line

Target Corp. said it expects fourth quarter GAAP earnings of $1.45 to $1.55 per share. The current consensus earnings estimate is $1.50 per share for the quarter ending January 31, 2013.
Updates Guidance
Q 01/2013
1/3/2013
8:00:09 AM
$1.45 to $1.50
$1.50
2.3%
-0.4%
Guidance:
Consensus:
Target Updates Guidance

Target Corp. said it expects fourth quarter earnings to meet or somewhat exceed the low-end of its previous guidance range of $1.45 to $1.55 per share. The current consensus earnings estimate is $1.50 per share for the quarter ending January 31, 2013.
EPS Above Estimates
Q 04/2013
2/27/2013
7:30:01 AM
$1.10 to $1.20
$1.01
-1.5%
6.1%
Guidance:
Consensus:
Target Guides Above Estimates

Target Corp. said it expects first quarter non-GAAP earnings of $1.10 to $1.20 per share. The current consensus earnings estimate is $1.01 per share for the quarter ending April 30, 2013. The company said it expects 2014 earnings of $4.85 to $5.05 per share. The current consensus earnings estimate is $4.83 per share for the year ending January 31, 2014.
Lowers Guidance In-line with Estimates
Q 04/2013
4/16/2013
8:00:09 AM
up to $1.09
$1.04
-0.1%
3.0%
Guidance:
Consensus:
Target Lowers Guidance to be In-line with Estimates

Target Corp. said it now expects first quarter non-GAAP earnings to be slightly below the low-end of its previous guidance range of earnings of $1.10 to $1.20 per share. The current consensus earnings estimate is $1.04 per share for the quarter ending April 30, 2013.
Lowers Guidance
FY 2014
5/22/2013
7:30:01 AM
$4.12 to $4.32
earnings of $4.48
-4.0%
-0.1%
Guidance:
Consensus:
Target Lowers Guidance

Target Corp. said it expects second quarter GAAP earnings of $0.90 to $1.00 per share and now expects fiscal year earnings of $4.12 to $4.32 per share. The company's previous guidance was for fiscal year earnings of $4.70 to $4.90 per share. The current consensus earnings estimate is $1.05 per share for the quarter ending July 31, 2013 and earnings of $4.48 per share for the year ending January 31, 2014.
Lowers Guidance
FY 2014
8/21/2013
7:30:01 AM
$3.75 to $3.95
earnings of $4.31
-3.6%
-4.7%
Guidance:
Consensus:
Target Lowers GAAP Guidance

Target Corp. said it expects third quarter GAAP earnings of $0.55 to $0.65 per share and now expects fiscal year earnings to be near the low-end of $3.75 to $3.95 per share. The company's previous guidance was for fiscal year GAAP earnings of $4.12 to $4.32 per share. The current consensus earnings estimate is $0.88 per share for the quarter ending October 31, 2013 and earnings of $4.31 per share for the year ending January 31, 2014.
EPS Below Estimates
Q 01/2014
11/21/2013
7:30:01 AM
$1.26
$1.44
-3.5%
-0.6%
Guidance:
Consensus:
Target Guides Below Estimates

Target Corp. said it expects fourth quarter GAAP earnings of approximately $1.26 per share. The current consensus earnings estimate is $1.44 per share for the quarter ending January 31, 2014.
Lowers Guidance
Q 01/2014
1/10/2014
7:59:58 AM
for GAAP earnings of $1.24
-1.1%
-4.2%
Guidance:
Consensus:
Target Lowers Guidance

Target Corp. said it now expects fourth quarter non-GAAP earnings of $1.20 to $1.30 per share. The company's previous guidance was for non-GAAP earnings of $1.50 to $1.60 per share while the current consensus estimate is for GAAP earnings of $1.24 per share for the quarter ending January 31, 2014.
EPS Below Estimates
Q 04/2014
2/26/2014
7:30:45 AM
$0.60 to $0.75
$0.85
7.0%
3.4%
Guidance:
Consensus:
Target Sees First Quarter Below Estimates

Target Corp. said it expects first quarter earnings of $0.60 to $0.75 per share. The current consensus earnings estimate is $0.85 per share for the quarter ending April 30, 2014. The company also said it expects fiscal 2015 earnings of $3.85 to $4.15 per share. The current consensus earnings estimate is $4.15 per share for the year ending January 31, 2015.
EPS Below Estimates
Q 07/2014
5/21/2014
8:02:18 AM
$0.85 to $1.00
$1.01
1.0%
-2.9%
Guidance:
Consensus:
Target Lowers Guidance

Target Corp. said it expects second quarter earnings of $0.85 to $1.00 per share and now expects fiscal 2015 earnings of $3.60 to $3.90 per share. The company's previous guidance was for fiscal year earnings of $3.85 to $4.15 per share. The current consensus earnings estimate is $1.01 per share for the quarter ending July 31, 2014 and $3.99 per share for the year ending January 31, 2015.
EPS Below Estimates
Q 07/2014
8/5/2014
8:01:08 AM
$0.78
$0.91
-4.4%
0.0%
Guidance:
Consensus:
Target Lowers Guidance

Target Corp. said it now expects second quarter earnings of approximately $0.78 per share. The company's previous guidance was earnings of $0.85 to $1.00 per share and the current consensus earnings estimate is $0.91 per share for the quarter ending July 31, 2014.
EPS Below Estimates
FY 2015
8/20/2014
8:00:24 AM
$3.10 to $3.30
$3.47
1.8%
3.9%
Guidance:
Consensus:
Target Guides Below Estimates

Target Corp. said it expects third quarter earnings of $0.40 to $0.50 per share and fiscal year earnings of $3.10 to $3.30 per share. The current consensus earnings estimate is $0.64 per share for the quarter ending October 31, 2014 and $3.47 per share for the year ending January 31, 2015.
EPS Below Estimates
Q 01/2015
11/19/2014
8:01:34 AM
$1.13 to $1.23
$1.24
7.4%
3.2%
Guidance:
Consensus:
Target Sees Fourth Quarter Below Estimates

Target Corp. said it expects fourth quarter earnings of $1.13 to $1.23 per share. The current consensus earnings estimate is $1.24 per share for the quarter ending January 31, 2015.
Raises Guidance
Q 01/2015
1/15/2015
8:19:00 AM
$1.43 to $1.47
1.8%
-2.0%
Guidance:
Consensus:
Target Raises Guidance for U.S. Operations

Target Corp. said, with its Canada segment now in discontinued operations, it expects fourth quarter earnings of $1.43 to $1.47 per share - not comparable to consensus estimates but $0.06 per share ahead of the company's previous expectations for its U.S. segment. The current consensus earnings estimate is $1.23 per share for the quarter ending January 31, 2015.
In-line Guidance
Q 04/2015
2/25/2015
8:00:10 AM
$0.95 to $1.05
$1.05
0.3%
-0.5%
Guidance:
Consensus:
Target Guides In-line

Target Corp. said it expects first quarter earnings of $0.95 to $1.05 per share. The current consensus earnings estimate is $1.05 per share for the quarter ending April 30, 2015.
Narrows Guidance
FY 2016
5/20/2015
8:00:03 AM
$4.50 to $4.65
$4.55
0.3%
1.2%
Guidance:
Consensus:
Target Narrows Guidance

Target Corp. said it expects second quarter earnings of $1.04 to $1.14 per share and now expects fiscal year earnings of $4.50 to $4.65 per share. The company's previous guidance was for fiscal year earnings of $4.45 to $4.65 per share. The current consensus earnings estimate is $1.12 per share for the quarter ending July 31, 2015 and $4.55 per share for the year ending January 31, 2016.
Raises Guidance In-line with Estimates
FY 2016
8/19/2015
8:00:03 AM
$4.60 to $4.75
$4.61
0.7%
-8.5%
Guidance:
Consensus:
Target Raises Guidance, but Remains In-line with Estimates

Target Corp. said it expects third quarter earnings of $0.79 to $0.89 per share and fiscal 2016 earnings of $4.60 to $4.75 per share. The company's previous guidance was for fiscal year earnings of $4.50 to $4.65 per share. The current consensus earnings estimate is $0.85 per share for the quarter ending October 31, 2015 and $4.61 per share for the year ending January 31, 2016.
In-line Guidance
Q 01/2016
11/18/2015
8:00:15 AM
$1.48 to $1.58
$1.54
-4.3%
2.1%
Guidance:
Consensus:
Target Guides In-line

Target Corp. said it expects fourth quarter earnings of $1.48 to $1.58 per share. The current consensus earnings estimate is $1.54 per share for the quarter ending January 31, 2016.
EPS Above Estimates
FY 2017
2/24/2016
8:00:05 AM
$5.20 to $5.40
4.0%
9.0%
Guidance:
Consensus:
Target Guides Fiscal Year Earnings Above Estimates

Target Corp. said it expects first quarter earnings of $1.15 to $1.25 per share and fiscal year earnings of $5.20 to $5.40 per share. The current consensus earnings estimate is $1.21 per share for the quarter ending April 30, 2016 and $5.16 per share for the year ending January 31, 2017.
Q2 Below/FY In-line
FY 2017
5/18/2016
8:00:02 AM
$5.20 to $5.40
$5.27
-7.6%
2.7%
Guidance:
Consensus:
Target Sees Second Quarter Below Estimates but Reaffirms for the Year

Target Corp. said it expects second quarter earnings of $1.00 to $1.20 per share and continues to expect fiscal year earnings of $5.20 to $5.40 per share. The current consensus earnings estimate is $1.38 per share for the quarter ending July 31, 2016 and $5.27 per share for the year ending January 31, 2017.
Lowers Guidance In-line with Estimates
FY 2017
8/17/2016
6:30:01 AM
$4.80 to $5.20
$0.98
-6.4%
1.8%
Guidance:
Consensus:
Target Lowers Guidance to be In-line with Estimates

Target Corp. said it expects third quarter earnings of $0.75 to $0.95 per share and now expects fiscal 2017 earnings of $4.80 to $5.20 per share. The company's previous guidance was for fiscal year earnings of $5.20 to $5.40 per share. The current consensus earnings estimate is $0.98 per share for the quarter ending October 31, 2016 and $5.16 per share for the year ending January 31, 2017.
In-line Guidance
Q 01/2017
11/16/2016
6:30:00 AM
$1.55 to $1.75
$1.62
6.4%
1.3%
Guidance:
Consensus:
Target Guides In-line

Target Corp. said it expects fourth quarter earnings of $1.55 to $1.75 per share. The current consensus earnings estimate is $1.62 per share for the quarter ending January 31, 2017.
Date
Grade
Actual
Earnings
Whisper
Consensus
Estimate
Surprise
Growth
Gap
Drift
11/16/2011
7:30:00 AM
Oct '11
Q3 '12
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B-
EPS
Rev
$0.82
$16.1 Bil
$0.78
$0.74
$16.2 Bil
5.1%
-1.1%
3.7%
2.9%
2.9%
-5.8%
2/23/2012
7:30:01 AM
Jan '12
Q4 '12
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G B
EPS
Rev
$1.49
$20.9 Bil
$1.40
$1.39
$21.2 Bil
6.4%
-1.2%
-2.5%
3.3%
0.9%
6.2%
5/16/2012
7:30:00 AM
Apr '12
Q1 '13
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D
EPS
Rev
$1.04
$16.5 Bil
$1.07
$1.01
$16.8 Bil
-2.8%
-1.8%
1.2%
6.1%
1.4%
1.6%
8/15/2012
7:30:02 AM
Jul '12
Q2 '13
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C-
EPS
Rev
$1.06
$16.5 Bil
$1.04
$1.01
$16.8 Bil
1.9%
-2.0%
-
3.5%
1.6%
-1.1%
11/15/2012
7:30:04 AM
Oct '12
Q3 '13
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C
EPS
Rev
$0.90
$16.9 Bil
$0.85
$0.79
$16.9 Bil
5.9%
0.1%
7.6%
5.5%
1.4%
3.6%
2/27/2013
7:30:01 AM
Jan '13
Q4 '13
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C-
EPS
Rev
$1.65
$22.7 Bil
$1.51
$1.47
$22.6 Bil
9.3%
0.6%
6.8%
8.5%
-2.7%
6.1%
5/22/2013
7:30:01 AM
Apr '13
Q1 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D
EPS
Rev
$1.05
$16.7 Bil
-
$0.85
$17.0 Bil
23.5%
-1.6%
-2.0%
1.0%
-2.5%
-0.1%
8/21/2013
7:30:01 AM
Jul '13
Q2 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D
EPS
Rev
$1.22
$17.1 Bil
$1.01
$1.00
$17.4 Bil
20.8%
-1.3%
8.2%
4.0%
-2.3%
-4.7%
11/21/2013
7:30:01 AM
Oct '13
Q3 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D+
EPS
Rev
$0.84
$17.3 Bil
$0.66
$0.62
$17.4 Bil
27.3%
-0.9%
-10.9%
1.9%
-3.2%
-0.6%
2/26/2014
7:30:45 AM
Jan '14
Q4 '14
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C-
EPS
Rev
$1.30
$21.5 Bil
$0.91
$0.84
$21.5 Bil
42.9%
0.0%
-22.7%
-5.3%
3.7%
3.4%
5/21/2014
8:02:18 AM
Apr '14
Q1 '15
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C-
EPS
Rev
$0.70
$17.1 Bil
$0.68
$0.70
$17.0 Bil
2.9%
0.2%
-34.6%
2.1%
0.7%
-2.9%
8/20/2014
8:00:24 AM
Jul '14
Q2 '15
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D
EPS
Rev
$0.78
$17.4 Bil
$0.78
$0.78
$17.5 Bil
-
-0.4%
-35.0%
1.7%
-1.3%
3.9%
11/19/2014
8:01:34 AM
Oct '14
Q3 '15
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C-
EPS
Rev
$0.54
$17.7 Bil
$0.47
$0.47
$17.6 Bil
14.9%
1.0%
-34.6%
2.7%
3.6%
3.2%
2/25/2015
8:00:10 AM
Jan '15
Q4 '15
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C
EPS
Rev
$1.50
$21.8 Bil
$1.47
$1.46
$21.6 Bil
2.0%
0.5%
16.1%
1.1%
1.5%
-0.5%
5/20/2015
8:00:03 AM
Apr '15
Q1 '16
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C-
EPS
Rev
$1.10
$17.1 Bil
$1.06
$1.03
$17.1 Bil
3.8%
0.2%
59.7%
0.4%
1.8%
1.2%
8/19/2015
8:00:03 AM
Jul '15
Q2 '16
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C-
EPS
Rev
$1.22
$17.4 Bil
$1.14
$1.11
$17.4 Bil
7.0%
0.2%
57.8%
0.1%
4.5%
-8.5%
11/18/2015
8:00:15 AM
Oct '15
Q3 '16
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G D-
EPS
Rev
$0.86
$17.6 Bil
$0.89
$0.86
$17.6 Bil
-3.4%
0.2%
54.6%
-0.7%
-1.7%
2.1%
2/24/2016
8:00:05 AM
Jan '16
Q4 '16
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C
EPS
Rev
$1.52
$21.6 Bil
$1.58
$1.54
$21.8 Bil
-3.8%
-0.9%
-3.4%
-0.6%
0.5%
9.0%
5/18/2016
8:00:02 AM
Apr '16
Q1 '17
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C
EPS
Rev
$1.29
$16.2 Bil
$1.22
$1.20
$16.3 Bil
5.7%
-0.8%
9.0%
-5.4%
-8.3%
2.7%
8/17/2016
6:30:01 AM
Jul '16
Q2 '17
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C+
EPS
Rev
$1.23
$16.2 Bil
$1.15
$1.14
$16.2 Bil
7.0%
-0.3%
-7.9%
-7.2%
-6.6%
1.8%
11/16/2016
6:30:00 AM
Oct '16
Q3 '17
Earnings Whisper GradeE a rn in gs Wh is pe r® ed ar G C
EPS
Rev
$1.04
$16.4 Bil
$0.87
$0.83
$16.3 Bil
19.5%
0.7%
11.5%
-6.7%
8.5%
1.3%
EPS
Rev
-
-
-
$1.65
$21.0 Bil
-
-
8.6%
-2.9%
EPS
Rev
-
-
-
$1.33
$16.3 Bil
-
-
3.1%
0.9%
2/24/2011
$52.00
$4.00
$67.39 Bil
-
-
-
2/23/2012
$54.50
$4.32
$69.87 Bil
8.0%
3.7%
4.8%
2/27/2013
$63.12
$4.76
$73.30 Bil
10.2%
4.9%
15.8%
2/26/2014
$60.49
$4.38
$72.60 Bil
-8.0%
-1.0%
-4.2%
2/25/2015
$77.15
$4.27
$72.62 Bil
-2.5%
0.0%
27.5%
2/24/2016
$76.94
$4.69
$73.79 Bil
9.8%
1.6%
-0.3%
2/24/2017
$76.41
$5.21
$69.77 Bil
11.1%
-5.4%
-0.7%
2/24/2018
$76.40
$5.38
$70.90 Bil
3.3%
1.6%
0.0%
2/24/2019
-
$5.70
-
5.9%
-
-

Price Projection

Current Value
$72
-6%
Projected Price
$76
0%