Target Corp (TGT) reported better-than-expected financial results for the third quarter of fiscal 2026. The company's earnings per share (EPS) of $1.78 exceeded Wall Street's consensus estimate of $1.74 by $0.04. However, revenue of $25.3 billion fell short of expectations, which were set at $25.6 billion.
The earnings report highlights Target's operational performance and financial health. The results suggest that while the company surpassed EPS expectations, revenue challenges remain.
Management will host an earnings conference call at 8:00 AM EST to discuss these results and provide further insights into the company’s performance. Investors are encouraged to review the full earnings release and listen to the management commentary for a complete understanding of the quarter's performance.
As of November 18, 2025, Target Corp has a market capitalization of $40.2 billion and a price-to-earnings ratio of 10.24. The company, which operates nearly 2,000 stores across the U.S., employs 440,000 full-time workers and offers a wide range of merchandise, from apparel to groceries. Looking ahead, Target is set to announce its next earnings on May 19, 2026, with an EPS estimate of $1.55 and revenue estimate of $24.5 billion.