- (PLX AI) - Target Q4 EPS USD 3.21.
- • Q4 revenue USD 31,000 million vs. estimate USD 31,400 million
- • Q4 operating income USD 2,100 million vs. estimate USD 1,880 million
- • Q4 adjusted EPS USD 3.19 vs. estimate USD 2.86
- • Target expects low- to mid-single digit revenue growth, an operating margin rate of 8 percent or higher, low-single digit growth in operating margin dollars, and high-single digit growth in Adjusted Earnings per Share for 2022
- • Long term aims for: Mid-single digit growth in Total Revenue
- • Mid-single digit growth in Operating Income
- • High-single digit growth in Adjusted EPS
- • CAPEX of $4 to $5 billion
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