Company Earnings UpdateTarget Corp. (TGT) 3Q18 Results: Misses Consensus Estimates, Raises 4Q18 Revenue Guidance Coresight Research November 21, 2018 Executive Summary Target reported adjusted 3Q18 EPS of $1.09, missing the $1.11 consensus estimate. Sales were $17.59 billion, missing the $17.70 billion consensus estimate. Comps increased 5.1%, based on a 5.3% increase in the number of transactions, offset by a 0.2% decline in the average transaction amount. Online comps were up 49%. The company reiterated 2018 annual adjusted EPS guidance of $5.30–$5.50 and expects sales growth of 5% for Q4, i.e., $23.9 billion, above the $22.91 consensus estimate. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Breathing Space for US Retailers and Brands: US Tariffs Paused for 90 Days But Hiked Further for ChinaUS Apparel and Footwear Retailing: Market Forecast and Competitive Landscape—Digital Players, Off-Pricers and Warehouse Clubs Poised To Gain ShareJuly 2025 US Retail Sales Outlook: Projecting 3+% Growth To Continue Amid Mixed Economic SignalsBlack Friday 2025: Key Insights from US Stores—Solid Shopper Demand, Some True Doorbusters and Greater Omnichannel Integration
