lauralea

Earnings 8-17//A Beat Can Depend on How Low the Number Is?

NYSE:TGT   Target Corporation
We sure are having a lot of earning beats as of late that are totally unexpected.
TGT is in the morning BMO.
Last quarter expectations for TGT were 2.19 a share. This quarter, expectations are .71?
WMT beat today. A bit less of a spread and last quarter the number to beat was 1.77. This quarter it was 1.27.

I suppose if you play with numbers every quarter, anyone and everyone can beat earnings?

No recommendation

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.