Dollar Tree Earnings, Revenue Beat in Q2 By Investing.com

© Reuters. Dollar Tree Earnings, Revenue Beat in Q2

Investing.com – Dollar Tree (NASDAQ:) reported on Thursday second quarter that beat analysts’ forecasts and revenue that topped expectations.

Dollar Tree announced earnings per share of $1.1 on revenue of $6.28B. Analysts polled by Investing.com anticipated EPS of $0.92 on revenue of $6.21B.

Dollar Tree shares are up 10.83% from the beginning of the year, still down 12.92% from its 52 week high of $119.71 set on October 22, 2019. They are under-performing the which is up 37.09% 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 30, who reported EPS of $10.3 on revenue of $88.91B, compared to forecasts EPS of $1.48 on revenue of $81.45B.

Alibaba ADR had beat expectations on August 20 with first quarter EPS of $14.82 on revenue of $153.75B, compared to forecast for EPS of $13.82 on revenue of $148B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

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.

Be the first to comment

Leave a Reply

Your email address will not be published.


*