YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Target shares tumble as earnings miss mark

Posted online

Target's shares dropped by as much as 10 percent in premarket trading Tuesday after the company reported its quarterly earnings results.

Adjusted earnings per share were $1.09, short of the $1.12 analysts expected.

However, net income was up to $622 million from $478 million a year earlier.

Read more from CNBC.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Open for Business: Show Me Chuy

April 7 was the official opening day for Mexican-Italian fusion restaurant Show Me Chuy after a soft launch that started March 31; marketing agency AdZen debuted; and the Almighty Sando Shop opened a brick-and-mortar space.

Most Read
SBJ.net Poll
Update cookies preferences