[ad_1]
Dollar Tree DLTR reported its Q2 earnings results on Thursday, August 25, 2022 at 07:30 AM.
Here’s what investors need to know about the announcement.
Earnings
Dollar Tree beat estimated earnings by 1.27%, reporting an EPS of $1.6 versus an estimate of $1.58.
Revenue was up $426.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.37 which was followed by a 1.35% increase in the share price the next day.
Here’s a look at Dollar Tree’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 2 | 1.77 | 0.96 | 1.01 |
| EPS Actual | 2.37 | 2.01 | 0.96 | 1.23 |
| Revenue Estimate | 6.76B | 7.12B | 6.41B | 6.44B |
| Revenue Actual | 6.90B | 7.08B | 6.42B | 6.34B |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Dollar Tree management provided guidance for FY 2022, expecting earnings between $7.1 and $7.4 per share.
To track all earnings releases for Dollar Tree visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
[ad_2]
Image and article originally from www.benzinga.com. Read the original article here.