Target annonce une perte au dernier trimestre. Le titre écope donc d’une étoile au rating car le dividende n’est potentiellement plus couvert par les bénéfices. Cependant je ne vais pas vendre pour l’instant car cette perte est liée à des mesures exceptionnelles de restructuration au Canada.
MINNEAPOLIS (AP) _ Target Corp. (TGT) on Wednesday reported a fiscal fourth-quarter loss of $2.64 billion, after reporting a profit in the same period a year earlier.
The Minneapolis-based company said it had a loss of $4.10 per share. Earnings, adjusted to account for discontinued operations and non-recurring costs, were $1.50 per share.
The results surpassed Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.46 per share.
The retailer posted revenue of $21.75 billion in the period, also beating Street forecasts. Analysts expected $21.65 billion, according to Zacks.
For the current quarter ending in April, Target expects its per-share earnings to range from 95 cents to $1.05. Analysts surveyed by Zacks had forecast adjusted earnings per share of $1.05.
Target shares have risen slightly more than 1 percent since the beginning of the year, while the Standard & Poor’s 500 index has risen almost 3 percent. The stock has increased 37 percent in the last 12 months.