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

• Dollarama Inc DOL.TO reported quarterly adjusted earnings of 95 cents​​ per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of 77 cents. The mean expectation of twelve analysts for the quarter was for earnings of 84 cents per share. Wall Street expected results to range from 81 cents to 86 cents per share.

• Revenue rose 8.2% to C$1.52 billion from a year ago; analysts expected C$1.50 billion.

• Dollarama Inc's reported EPS for the quarter was 98 cents​.

• The company reported quarterly net income of C$273.76 million.

• Dollarama Inc shares had risen by 14.2% this quarter and gained 25.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 1.6% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the discount stores peer group is also "buy"

• Wall Street's median 12-month price target for Dollarama Inc is C$174.50

This summary was machine generated from LSEG data June 11 at 01:31 p.m. UTC. ​All figures in Canadian 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)