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Target Corp. Q4 adjusted earnings Beat Estimates

Target Corp. (TGT) released earnings for its fourth quarter that rose from the same period last year.

The company's bottom line totaled $1.38 billion, or $2.73 per share. This compares with $0.83 billion, or $1.63 per share, in last year's fourth quarter.

Analysts had expected the company to earn $2.54 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 21.1% to $28.00 billion from $23.13 billion last year.

Target Corp. earnings at a glance:

-EPS (Q4): $2.67 vs. $1.69 last year.
-Analysts Estimate: $2.54
-Revenue (Q4): $28.00 Bln vs. $23.13 Bln last year.

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