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Dollar Tree Earnings, Revenue beat in Q1

Published 2021-05-27, 07:34 a/m
© Reuters.  Dollar Tree Earnings, Revenue beat in Q1
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Investing.com - Dollar Tree (NASDAQ:DLTR) reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Dollar Tree announced earnings per share of $1.6 on revenue of $6.47B. Analysts polled by Investing.com anticipated EPS of $1.39 on revenue of $6.39B.

Dollar Tree shares are up 0.4% from the beginning of the year and are trading at $102.81 , down-from-52-week-high.They are under-performing the Nasdaq which is up 6.59% from the start of the year.

Dollar Tree shares lost 5.22% in pre-market trade after the report.

Dollar Tree follows other major Services sector earnings this month

Dollar Tree's report follows an earnings beat by Amazon.com on Thursday, April 29, 2021, who reported EPS of $15.79 on revenue of $108.52B, compared to forecasts EPS of $9.54 on revenue of $104.51B.

Alibaba ADR had missed expectations on Thursday, May 13, 2021 with fourth quarter EPS of $10.32 on revenue of $187.4B, compared to forecast for EPS of $11.16 on revenue of $187.37B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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