Retail giant Target Corporation (NYSE:TGT) will report earnings on Wednesday, Nov. 16 after the closing bell. Can the company turn things around, or will its underperformance continue?
Wall Street analysts are looking for Q3 EPS of $0.83 (down from $0.86 in Q3 last year), and revenues of $16.31 billion (a 7.3% drop from 2015). Those estimates shouldn’t be tough to beat, but TGT stock has been hurt badly since touching $84 back in April, so investors might be expecting a miss here.