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Target: beats consensus in Q3.

(CercleFinance.com) - Target has unveiled Q3 EPS from continued operations that is down 18% at 87 cents, while adjusted EPS reached 91 cents, which is six cents above the consensus.

At 16.7 billion dollars, the discount chain store's revenues increased 1.4%, 0.9% at constant stores, 0.8 point of which was driven by Internet sales.

Pour l'ensemble de l'exercice, Target vise désormais un BPA ajusté compris entre 4,40 et 4,60 dollars, contre 4,34 à 4,54 dollars en fourchette cible précédente, pour des ventes comparables stables ou en hausse de 1%.

For the full year, Target now expects adjusted EPS of between 4.40 dollars and 4.60 dollars, against a previous target range of 4.34 dollars to 4.54 dollars, with sales growth at constant stores of up to 1%.

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