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Target Corp. Q2 adjusted earnings Beat Estimates

Target Corp. (TGT) announced earnings for its second quarter that climbed from the same period last year.

The company's bottom line totaled $938 million, or $1.82 per share. This compares with $799 million, or $1.49 per share, in last year's second quarter.

Analysts had expected the company to earn $1.62 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 3.6% to $18.42 billion from $17.78 billion last year.

Target Corp. earnings at a glance:

-EPS (Q2): $1.82 vs. $1.47 last year.
-Analysts Estimate: $1.62
-Revenue (Q2): $18.42 Bln vs. $17.78 Bln last year.

Next quarter EPS guidance: $1.04 to $1.24
Full year EPS guidance: $5.90 to $6.20

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