Dollar Tree Inc reports results for the quarter ended April 30 - Earnings Summary

• Dollar Tree Inc DLTR.OQ reported quarterly adjusted earnings of $1.26​​ per share for the quarter ended April 30, lower than the same quarter last year, when the company reported EPS of $1.43. The mean expectation of twenty three analysts for the quarter was for earnings of $1.20 per share. Wall Street expected results to range from $1.12 to $1.29 per share.

• Revenue fell 39.2% to $4.64 billion from a year ago; analysts expected $4.54 billion.

• Dollar Tree Inc's reported EPS for the quarter was $1.61​.

• The company reported quarterly net income of $343.4 million.

• Dollar Tree Inc shares had risen by 28.8% this quarter and gained 29.1% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 19.8% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 10 "strong buy" or "buy," 16 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the discount stores peer group is "buy."

• Wall Street's median 12-month price target for Dollar Tree Inc is $90.00

This summary was machine generated from LSEG data June 4 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)