Target Earning Results

Target just issued its earning results, reporting $.086 earnings per share (EPS) for the quarter. They hit the Zacks’ consensus estimate of $.086, as reported by Target earned $17.60 billion during the quarter, just over the consensus estimate of $17.57 billion. Their revenues are up 2.1% on a year-over-year basis.

Thursday, they opened at 69.78. Their quarterly divided will be paid on Thursday, December 10th. As the article explained, “Shareholders of record on Wednesday, November 18th will be given a $0.56 dividend. The ex-dividend date is Monday, November 16th. This represents a $2.24 dividend on an annualized basis and a yield of 3.21%.”