Target (TGT) Reports In-Line Q4 EPS, Offers Q1 and FY Guidance

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Target Reports Fourth Quarter and Full-Year 2017 Earnings

March 6, 2018 6:30 AM EST

MINNEAPOLIS, March 6, 2018 /PRNewswire/ -- Target Corporation (NYSE: TGT) today announced its fourth quarter and full-year 2017 results.  The Company reported GAAP earnings per share (EPS) from continuing operations of $2.02 in fourth quarter and $5.32 for full-year 2017, compared with $1.46 and $4.58 in 2016, respectively.  Fourth quarter Adjusted EPS were $1.37, compared with $1.45 in 2016. Full-year Adjusted EPS were $4.71, compared with $5.01 in 2016. The attached tables provide a reconciliation of non-GAAP to GAAP measures. All earnings per share figures refer to diluted EPS.

"Our fourth quarter results demonstrate the power of the significant investments we've made in our team and our... More