Stock Groups

Dollar Tree Earnings, Revenue Beat in Q3 -Breaking

by Mike Robinson

[ad_1]

© Reuters. Quarterly Dollar Tree earnings beat revenue in Q3

Investing.com. Dollar Tree (NASDAQ:), reported Tuesday that the third quarter beat analyst forecasts, and that revenue exceeded all expectations.

Dollar Tree reported earnings per share at $0.96 on $6.42B in revenue. Investing.com polled analysts and predicted an EPS of $0.9585 for $6.41B in revenue.

Dollar Tree shares have increased 22.7% since the start of the year. However, they are still down 2.233% from their 52-week high of $135.59 on November 19. The shares broadly match the Nasdaq’s 23.02% increase since the start of this year.

Dollar Tree shares fell 1.18% during pre-market trading following the news.

Dollar Tree’s earnings are in line with other Consumer Discretionary industry leaders this month

The report by Dollar Tree follows an Amazon.com earnings miss on October 28th, which reported EPS at $6.12 per share on revenue $110.81B. This compares to the forecasts of EPS at $8.9 for revenue $111.55B.

Home Depot beat all expectations with its third quarter earnings per share of $3.92, on $36.82B in revenue. This compares to the forecast of EPS at $3.42 for $34.95B.

You can keep up-to date on the latest earnings reports by visiting Investing.com’s earnings calendar

Disclaimer: Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs are stocks, indexes or futures. The prices of Forex and CFDs are not supplied by the exchanges. They are instead provided by market makers. As such, prices could be incorrect and different from market prices. This means that prices are only indicative and are not suitable for trading. Fusion Media does not accept any liability for trade losses or other consequences arising from the use of these data.

Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.

[ad_2]