WMT - What's Going On With Target Stock Today? | Benzinga
Target Corp (NYSE:TGT) shares are trading higher Thursday in sympathy with Walmart Inc (NYSE:WMT), which reported better-than-expected earnings results for the first quarter.
What Happened With WMT: Walmart shares jumped more than 6% Thursday morning on the heels of the company’s first-quarter financial results.
Walmart beat estimates on the top and bottom lines, reporting first-quarter revenue of $161.508 billion versus estimates of $159.502 billion, and first-quarter earnings per share of 60 cents versus estimates for 52 cents.
Walmart issued guidance for second-quarter earnings per share of 62 to 65 cents versus estimates of 64 cents. The company also said it expects full-year consolidated net sales and full-year adjusted ...