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TGT

Target Corp.

$165.34

Earnings Summary

Revenue
$31919Mn
Net Profits
$1382Mn
Net Profit Margins
4.33%
PE Ratio
18.63

Highlights

Revenue:

Target Corp.’s revenue jumped 1.67% since last year same period to $31919Mn in the Q1 2024. On a quarterly growth basis, Target Corp. has generated 25.68% jump in its revenue since last 3-months.

Net Profits:

Target Corp.’s net profit jumped 57.76% since last year same period to $1382Mn in the Q1 2024. On a quarterly growth basis, Target Corp. has generated 42.33% jump in its net profits since last 3-months.

Net Profit Margins:

Target Corp.’s net profit margin jumped 55.17% since last year same period to 4.33% in the Q1 2024. On a quarterly growth basis, Target Corp. has generated 13.25% jump in its net profit margins since last 3-months.

PE Ratio:

Target Corp.’s price-to-earnings ratio after this Q1 2024 earnings stands at 18.63.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Target Corp. post its latest quarter earnings

EPS Estimate Current Quarter
2.02
EPS Estimate Current Year
2.02

Highlights

EPS Estimate Current Quarter:

Target Corp.’s earning per share (EPS) estimates for the current quarter stand at 2.02 - a -16.53% fall from last quarter’s estimates.

EPS Estimate Current Year:

Target Corp.’s earning per share (EPS) estimates for the current year stand at 2.02.

Key Ratios

Key ratios of the Target Corp. post its Q1 2024 earnings

Earning Per Share (EPS)
2.98
Return on Assets (ROA)
0.07
Return on Equity (ROE)
0.34
Dividend Per Share (DPS)
1.1

Highlights

Earning Per Share (EPS):

Target Corp.’s earning per share (EPS) jumped 57.67% since last year same period to 2.98 in the Q1 2024. This indicates that the Target Corp. has generated 57.67% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Target Corp.’s return on assets (ROA) stands at 0.07.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Target Corp.’s return on equity (ROE) stands at 0.34.

Dividend Per Share (DPS):

Target Corp. declared 1.1 dividend per share during the earnings announcement for Q1 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-03-13
2.42
2.98
23.14%