Minneapolis-based Target Corporation (TGT) offers a wide range of owned and premium branded goods, including household essentials, electronics, toys, apparel, food, pet supplies, jewelry, accessories, shoes, beauty and personal care products, cleaning and paper products, automotive items, and home furnishings. Its market cap currently stands at $68.9 billion. TGT is scheduled to release its fiscal 2024 Q2 earnings results before the market opens on Wednesday, Aug. 21.
Ahead of the event, analysts expect Target to report a profit of $2.17 per share, up 20.6% from $1.80 per share in the year-ago quarter. The company has exceeded Wall Street’s EPS estimates in three of the last four quarters while missing on one other occasion.
