Target, TJX, Macy’s, Dycom, and Analog Devices post strong earnings, all beating expectations with impressive growth.
Stock Earnings Results
August 21, 2024
Target Corp (TGT) exceeded expectations with earnings per share (EPS) of $2.57, surpassing the $2.17 estimate. Revenue came in at $25.45 billion, slightly above the forecast of $25.25 billion.
TJX Companies Inc. (TJX) reported EPS of $0.96, beating the $0.92 estimate, with revenue at $13.47 billion, just above the $13.33 billion estimate.
Dycom Industries Inc. (DY) delivered an EPS of $2.46, well above the estimated $2.18. Revenue reached $1.2 billion, slightly ahead of the $1.19 billion forecast.
Macy’s Inc. (M) reported EPS of $0.53, easily topping the $0.31 estimate. Revenue was $5.10 billion, slightly above the $5.04 billion forecast.
Analog Devices Inc. (ADI) came in with EPS of $1.58, outperforming the $1.50 estimate. Revenue was $2.31 billion, just ahead of the $2.27 billion expectation.
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