Dollar Tree Earnings Beat, Revenue Misses In Q2 By Investing.com
© Reuters. Dollar Tree Earnings Beat, Revenue Misses In Q2
Investing.com – Dollar Tree (NASDAQ:) reported on Thursday second quarter that beat analysts’ forecasts and revenue that fell short of expectations.
Dollar Tree announced earnings per share of $1.23 on revenue of $6.34B. Analysts polled by Investing.com anticipated EPS of $1.02 on revenue of $6.44B.
Dollar Tree shares are down 1.59% from the beginning of the year, still down 11.67% from its 52 week high of $120.37 set on April 6. They are under-performing the S&P 500 which is up 19.7% from the start of the year.
Dollar Tree shares lost 4.07% in pre-market trade following the report.
Dollar Tree follows other major Services sector earnings this month
Dollar Tree’s report follows an earnings beat by Amazon.com on July 29, who reported EPS of $15.12 on revenue of $113.08B, compared to forecasts EPS of $12.23 on revenue of $115.42B.
Alibaba ADR had beat expectations on August 3 with first quarter EPS of $16.6 on revenue of $205.74B, compared to forecast for EPS of $14.32 on revenue of $209.11B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
He Wants to Retire in 15 Years, When He Turns 65. A Financial Adviser Weighs In.
Steven Lynch would like to retire in 15 years when he is 65. But he wants to make sure he…
Brigette’s $92 Grocery Shopping Trip and Weekly Menu Plan for 6
Published: by Brigette Shevy on October 16, 2021 | This post may contain affiliate links. Read my disclosure policy here. This week…