Target Corp. Q3 adjusted earnings Beat Estimates

(RTTNews) - Target Corp. (TGT) released earnings for its third quarter that increased from the same period last year.

The company's earnings came in at $1.49 billion, or $3.04 per share. This compares with $1.01 billion, or $2.01 per share, in last year's third quarter.

Analysts had expected the company to earn $2.83 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 13.2% to $25.29 billion from $22.34 billion last year.

Target Corp. earnings at a glance:

-EPS (Q3): $3.03 vs. $2.79 last year. -Analysts Estimate: $2.83 -Revenue (Q3): $25.29 Bln vs. $22.34 Bln last year.