Earnings Summary

Target Corp.’s revenue fell -3.12% since last year same period to $24531Mn in the Q2 2024. On a quarterly growth basis, Target Corp. has generated -23.15% fall in its revenue since last 3-months.

Target Corp.’s net profit fell -0.84% since last year same period to $942Mn in the Q2 2024. On a quarterly growth basis, Target Corp. has generated -31.84% fall in its net profits since last 3-months.

Target Corp.’s net profit margin jumped 2.36% since last year same period to 3.84% in the Q2 2024. On a quarterly growth basis, Target Corp. has generated -11.31% fall in its net profit margins since last 3-months.

Target Corp.’s price-to-earnings ratio after this Q2 2024 earnings stands at 16.42.

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

Target Corp.’s earning per share (EPS) fell -0.98% since last year same period to 2.03 in the Q2 2024. This indicates that the Target Corp. has generated -0.98% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

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.

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 0.32.

Target Corp. declared 1.1 dividend per share during the earnings announcement for Q2 2024.