Investing.com - Dollar General (NYSE:DG) reported first quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $2.56 on revenue of $8.45B. Analysts polled by Investing.com expected EPS of $1.69 on revenue of $7.41B. That compared to EPS of $1.48 on revenue of $6.62B in the same period a year earlier. The company had reported EPS of $2.1 on revenue of $7.16B in the previous quarter.
For the year, Dollar General shares are up 20.02%, outperforming the S&P 500 which is down 6.43% year to date.
Dollar General follows other major Services sector earnings this month
On Thursday, April 30, 2020, Amazon.com reported first quarter EPS of $5.01 on revenue of $75.45B, compared to forecasts of EPS of $6.16 on revenue of $73.74B.
Alibaba ADR earnings beat analyst's expectations on Friday, May 22, 2020, with fourth quarter EPS of $9.2 on revenue of $114.31B. Investing.com analysts expected EPS of $6.23 on revenue of $107.71B
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