Dollar Tree Earnings Outperform, Fourth Quarter Revenue Down By

© Reuters.

© Reuters. Dollar Tree earnings outweigh, revenue losses in Q4 – Dollar Tree (NASDAQ 🙂 reported on Wednesday the fourth quarter that it beat analyst forecasts and fell short of expectations. Dollar Tree announced earnings per share of $ 2.13 on revenue of $ 6.77B. Analysts surveyed by anticipated EPS of $ 2.12 on revenue of $ 6.8 billion. Dollar Tree shares are down 8.41% since the beginning of the year, still 14.29% from their 52-week high of $ 115.45 set on January 8. They are below the S&P 500, which is up 3.04% since the beginning of the year. Dollar Tree shares lost 1.97% in pre-market trading following the report. Dollar Tree Follows Other Major Service Sector Gains This Month Dollar Tree’s report follows earnings on February 2, which reported EPS of $ 14.09 on revenue of $ 125.56B, compared to forecasts for EPS of $ 7.19 on revenue of $ 119.7B Alibaba’s ADR had exceeded expectations on February 2 with a third quarter EPS of $ 22.03 on revenue of $ 221.08B, compared to EPS forecast of $ 20.59 on revenue. from $ 214.17B. Stay up-to-date on all upcoming earnings reports by visiting the earnings calendar.

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