Dollar Tree Earnings, Revenue Beat in Q1 -Breaking
On Thursday, Investing.com reported that Dollar Tree (NASDAQ) had its first quarter results. This was in line with analysts’ predictions and exceeded expectations.
Dollar Tree posted earnings per share (EPS) of $2.37 for revenue $6.90B. Investing.com polled analyst to predict EPS at $2.01 for revenue $6.77B.
Dollar Tree shares fell 4.93% over the first year. This is still 24.61% less than its 52 week peak of $177.19, which was set on April 21. The Dollar Tree shares outperform the Nasdaq by 26.91%, since its start.
Dollar Tree shares increased 12.29% pre-market trade after the report.
This month, Dollar Tree is following other large Consumer Discretionary sectors earnings
The report by Dollar Tree follows an earnings beat reported on May 11th by Panasonic Corp PK, who reported EPS $0.1997 for revenue of $15.34B, compared with forecasts EPS $0.1559 for revenue of $15.34B.
Amazon.com’s April 28th quarter earnings missed its expectations. It reported EPS $-7.56 for revenue $116.44B. This compares to the $8.35 forecasted for revenue $116.45B.
You can keep up-to date on the latest earnings reports by visiting Investing.com’s earnings calendar