Target (TGT) Misses Q3 Earnings and Revenue Estimates

Target (TGT) came out with quarterly earnings of $1.85 per share, missing the Zacks Consensus Estimate of$ 2.29 per share. This compares to earnings of $2.10 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -19.21%. A quarter ago, it was expected that this retailer would post earnings of$ 2.16 per share when it actually produced earnings of $2.57, delivering a surprise of 18.98%.Over the last four quarters, the company has surp ...