Dollar Tree Earnings Beat, Revenue Misses In Q2
2022.08.25 15:38
Dollar Tree Earnings Beat, Revenue Misses In Q2
Investing.com – Dollar Tree (NASDAQ:DLTR) reported on Thursday second quarter earnings that beat analysts’ forecasts and revenue that fell short of expectations.
Dollar Tree announced earnings per share of $1.6 on revenue of $6.76B. Analysts polled by Investing.com anticipated EPS of $1.59 on revenue of $6.8B.
Dollar Tree shares are up 18.12% from the beginning of the year, still down 6.33% from its 52 week high of $177.19 set on April 21. They are outperforming the S&P 500 which is down 13.12% from the start of the year.
Dollar Tree shares lost 7.82% in pre-market trade following the report.
Dollar Tree follows other major Consumer Discretionary sector earnings this month
Dollar Tree’s report follows an earnings missed by Amazon.com on July 28, who reported EPS of $-0.2 on revenue of $121.23B, compared to forecasts EPS of $0.1199 on revenue of $119B.
Home Depot had beat expectations on August 16 with second quarter EPS of $5.05 on revenue of $43.79B, compared to forecast for EPS of $4.95 on revenue of $43.36B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
