Target Q4 earnings topped consensus

March 03, 2021
Target Q4 earnings topped consensus

Sales surged, as the retailer took advantage of the pandemic-related restrictions.

One of the largest US retailers, Target, posted fiscal fourth-quarter 2020 earnings that topped estimates.

For the past quarter, the company reported an EPS of $2.67 on revenues of $28.34 billion. Both figures came ahead of the consensus of $2.54, and $27.48 billion, respectively. Also, Target’s net income increased 66% to $1.38 billion.

Its same day curbside pickup and home delivery increased considerably. The former grew 500%, while the latter surged 212% compared to the previous quarter figures.

After the news hit the wires, Target stock price added 1%.


This information prepared by is not an offer or a solicitation for the purpose of purchase or sale of any financial products referred to herein or to enter into any legal relations, nor an advice or a recommendation with respect to such financial products.
This information is prepared for general circulation. It does not have regard to the specific investment objectives, financial situation or the particular needs of any recipient.

You should independently evaluate each financial product and consider the suitability of such a financial product, by taking into account your specific investment objectives, financial situation or particular needs, and by consulting an independent financial adviser as needed, before dealing in any financial products mentioned in this document.

This information may not be published, circulated, reproduced or distributed in whole or in part to any other person without the Company’s prior written consent.
Past performance is not always indicative of likely or future performance. Any views or opinions presented are solely those of the author and do not necessarily represent those of

Recently Added

Most Affected Instruments

target chart