Target Corporation( TGT- Free Report) posted second straight quarter of negative earnings surprise, when it reported first-quarter fiscal 2018 results. The company posted adjusted earnings of $1.32 per share that not only missed the Zacks Consensus Estimate of $1.38 but also came below the mid-point of the earlier provided guidance range of $1.
25-$1.45 per share. Clearly, this was not well perceived by investors.Target (TGT) Q1 Earnings Miss, Revenues Beat Estimates
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