What To Expect From Target’s Earnings

-21.39%
Downside
176
Market
138
Trefis
TGT: Target logo
TGT
Target

Target (NYSE: TGT) is scheduled to release its first quarter 2016 results before the market opens on Wednesday, May 18. In Q4 2015, Target reported a slight year-over-year (y-o-y) decline in revenue to $21.6 billion while its EBITDA margin was flat at 9.8% compared to the previous year. The company’s earnings of $1.52 per share were up 3 cents per share over Q4 2014 results.

In the upcoming Q1 2016 results, we expect Target’s top line to decline, though that will largely be a result of the sale of its pharmacy business to CVS Health. In terms of the bottom line, the company expects adjusted EPS of $1.25 per share.

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Notes:

1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for Target
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