Home Business Dollar Tree Earnings Beat, Revenue Misses In Q3

Dollar Tree Earnings Beat, Revenue Misses In Q3

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© Reuters. Dollar Tree Earnings Beat, Revenue Misses In Q3

Investing.com – Dollar Tree (NASDAQ:) reported on Tuesday third quarter that beat analysts’ forecasts and revenue that fell short of expectations.

Dollar Tree announced earnings per share of $1.39 on revenue of $6.18. Analysts polled by Investing.com anticipated EPS of $1.15 on revenue of $6.12B.

Dollar Tree shares are up 3.79% from the beginning of the year, still down 13.89% from its 52 week high of $113.35 set on November 25, 2019. They are under-performing the which is up 36.33% from the start of the year.

Dollar Tree shares gained 1.74% 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 October 29, who reported EPS of $12.37 on revenue of $96.15B, compared to forecasts EPS of $7.41 on revenue of $92.78B.

Alibaba ADR had beat expectations on November 5 with second quarter EPS of $18 on revenue of $155.06B, compared to forecast for EPS of $13.82 on revenue of $154.87B.

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

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