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Target’s First-Quarter Earnings Could Mark Double-Digit Growth

Adrian Stevens
Target’s First-Quarter Earnings Could Mark Double-Digit Growth

Target (TGT) is set to announce its fiscal first-quarter earnings on May 23. Analysts expect Target’s adjusted earnings to return to growth and register an increase of 14.9% on a YoY basis. Notably, Target registered a YoY decline in its EPS in the past several quarters, as you can see in the following graph.