Q1 earnings for Target forecasted to decline due to shift to lower-margin essential goods
From Nasdaq: 2025-05-20 23:40:00
Target (NYSE: TGT) is set to release Q1 earnings on May 21, with analysts forecasting $1.70 per share on $24.4 billion revenue, a 16% YoY decline in earnings. The shift to lower-margin essential goods due to inflation may impact performance. Historical data shows a 50% chance of stock increase post-earnings.
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Read more at Nasdaq: Will Q1 Results Move Target Stock Higher?
