Investing.com - Target (NYSE:TGT) reported second quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $1.82 on revenue of $18.42B. Analysts polled by Investing.com expected EPS of $1.62 on revenue of $18.3B. That compared to EPS of $1.47 on revenue of $17.55B in the same period a year earlier. The company had reported EPS of $1.53 on revenue of $17.63B in the previous quarter.
For the year, Target shares are up 29.51%, outperforming the S&P 500 which is up 17.1% year to date.
Target follows other major Services sector earnings this month
On Thursday, July 25, 2019, Amazon.com reported second quarter EPS of $5.22 on revenue of $63.4B, compared to forecasts of EPS of $5.56 on revenue of $62.52B.
Alibaba ADR earnings beat analyst's expectations on Thursday, August 15, 2019, with first quarter EPS of $12.55 on revenue of $114.92B. Investing.com analysts expected EPS of $10.3 on revenue of $111.83B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar