What to Watch Wednesday: Target and Lowe's Report Earnings
Retail earnings continue to roll-in on Wednesday, November 16. Before the markets open, analysts expect Target (TGT) - Get Report to post earnings of $0.83 a share on sales of $16.3 billion. During the same quarter a year ago, the retailer reported earnings of $0.86 a share on revenue of $17.6 billion. Analysts will be keeping an eye on Target's digital sales, as it tries to compete with Amazon (AMZN) - Get Report and Walmart (WMT) - Get Report . Meanwhile, home improvement retailer Lowe's Companies (LOW) - Get Report and retailer L Brands (LB) - Get Report report earnings Wednesday. On the economic calendar, industrial production figures for October are out at 9:15 a.m., while the EIA Petroleum Status Report is released at 10:30 a.m. TheStreet's Scott Gamm reports from Wall Street.









