Dollar Tree Earnings Preview: Can This Streak Continue?
Dollar Tree (NASDAQ:DLTR) will report earnings before markets open on Thursday, May 23rd. Dollar Tree, Inc. operates a discount variety store chain. The Company sells an assortment of everyday general merchandise. Dollar Tree sells its merchandise at the $1.00 price point. The Company operates throughout the United States.
Here is your Cheat Sheet to Dollar Tree Earnings:
Earnings Expectations: Analysts expect earnings of $0.57 per share on revenues of $1.87 billion. Currently, the company’s P/E ratio stands at 18.57.
Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.58 to a profit $0.57. For the current year, the average estimate is a profit of $2.79, which is worse than the estimate ninety days ago.
Here’s how Dollar Tree has been performing on an annual basis:
|Revenue ($) in millions||4,645||5,231||5,882||6,631||7,395|
|Diluted EPS ($)||0.84||1.19||1.55||2.02||2.68|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Apr. 30, 2012||Jul. 31, 2012||Oct. 31, 2012||Jan. 31, 2013|
|Revenue ($) in millions||1,723.60||1,704.60||1,720.50||2,245.80|
|Diluted EPS ($)||0.50||0.51||0.68||1.01|
Dollar Tree has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)