Post-earnings recap
Reported
Wed, Feb 26, 2014
Est. EPS
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Est. revenue
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Implied move
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EPS beat rate
63%
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Est. EPS
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Est. Rev
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Impl. Move
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Target's strong earnings per share of $1.30, significantly above expectations, led to a positive stock reaction, with shares rising by 7.04%. This suggests that the company performed well during the quarter, although no revenue figures were disclosed. Investors may view this earnings surprise as a sign of strength in Target's operations.
| Metric | Actual | Expected | Surprise |
|---|---|---|---|
| EPS | $1.30 | N/A | +53.48% |
| Revenue | N/A | N/A | N/A |
No transcript is on record, and the analysis is based solely on numerical results.