Dollar Tree Stores First Quarter Earnings Sneak Peek

Dollar Tree Stores, Inc. (NASDAQ:DLTR) will unveil its latest earnings on Thursday, May 17, 2012. Dollar Tree operates discount variety stores in the United States. Its stores offer merchandise at the fixed price of $1.00. The company operates stores under the names of Dollar Tree, Deal$, and Dollar Bills.

Dollar Tree Stores, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average analyst estimate is for profit of 98 cents per share, a rise of 19.5% from the company’s actual earnings for the year-ago quarter. The average estimate is the same as three months ago. Between one and three months ago, the average estimate moved down. It has risen from 97 cents during the last month. Analysts are projecting profit to rise by 22.6% compared to last year’s $4.94.

Past Earnings Performance: Last quarter, the company beat estimates by one cent, coming in at net income of $1.60 a share versus the estimate of profit of $1.59 a share. It marked the fourth straight quarter of beating estimates.

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Wall St. Revenue Expectations: On average, analysts predict $1.7 billion in revenue this quarter, a rise of 9.7% from the year-ago quarter. Analysts are forecasting total revenue of $7.41 billion for the year, a rise of 11.8% from last year’s revenue of $6.63 billion.

Analyst Ratings: Analysts are optimistic about this stock, with 14 analysts rating it as a buy, none rating it as a sell and five rating it as a hold.

A Look Back: In the fourth quarter of the last fiscal year, profit rose 15.6% to $187.9 million ($1.58 a share) from $162.5 million ($1.28 a share) the year earlier, exceeding analyst expectations. Revenue rose 12.8% to $1.95 billion from $1.73 billion.

<Key Stats:

The company has enjoyed double-digit year-over-year percentage revenue growth for the past four quarters. Over that span, the company has averaged growth of 12.7%, with the biggest boost coming in the first quarter of the last fiscal year when revenue rose 14.3% from the year earlier quarter.

The company has seen net income rise in three straight quarters. Net income rose 12.1% in the third quarter of the last fiscal year and 21.7% in the second quarter of the last fiscal year.

Stock Price Performance: Between February 15, 2012 and May 11, 2012, the stock price rose $15.02 (17.1%), from $87.69 to $102.71. The stock price saw one of its best stretches over the last year between April 10, 2012 and April 18, 2012, when shares rose for seven straight days, increasing 5.5% (+$5.15) over that span. It saw one of its worst periods between July 7, 2011 and July 18, 2011 when shares fell for eight straight days, dropping 3.8% (-$2.66) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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