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.

Analyst Trends:

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.

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Earnings Trends:

Here’s how Dollar Tree has been performing on an annual basis:

Fiscal Year 2009 2010 2011 2012 2013
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

Past Performance:
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)