Dollar Tree, Inc. (NASDAQ:DLTR) discount retail stores operator, is expected to report third quarter earnings results, before market open, on Tuesday 24th November 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 1.15 per share from revenue of $ 6124.59 million.
Looking ahead, the full year income are expected at $ 5.22 per share on the revenues of $ 25397.20 million.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 24,210.00 million ~ $ 24,660.00 million, where as bottomline are predicted in a range of $ 4.80 ~ $ 5.15 per share
Click Here For More Historical Outlooks Of Dollar Tree, Inc.
Previous Quarter Performance
Dollar Tree, Inc. disclosed income for the second quarter of $ 1.10 per share, from the revenue of $ 6,278.00 million. The quarterly earnings boosted 44.74 percent while revenues expanded 9.36 percent compared with the same quarter last year.
Wall street analysts are predicting, DLTR to report 2Q20 income of $ 0.92 per share from revenue of $ 6201.90 million. The bottom line results beat street analysts by $ 0.18 or 19.57 percent, at the same time, top line results outshined analysts by $ 76.10 million or 1.23 percent.
Stock Performance
Shares of Dollar Tree, Inc. traded up $ 2.64 or 2.78 percent on Monday, reaching $ 97.61 with volume of 2.79 million shares. Dollar Tree, Inc. has traded high as $ 98.06 and has cracked $ 95.23 on the downward trend
According to the previous trading day, closing price of $ 97.61, representing a 57.76 % increase from the 52 week low of $ 60.20 and a 9.24 % decrease over the 52 week high of $ 104.64.
The company has a market capital of $ 23.16 billion and is part of the Consumer Defensive sector and Discount Stores industry.
Recent Analyst recommendations
- On 9th October 2020, initiated by Wolfe Research at Peer Perform rating.
Conference Call
Dollar Tree, Inc. will be hosting a conference call at 9:00 AM eastern time on 24th November 2020, to discuss its 3Q20 financial results with the investment community. The participants may dial, 855-710-4184 Toll Free in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.dollartree.com
Dollar Tree, Inc. operates discount variety retail stores. It operates through two segments, Dollar Tree and Family Dollar.
