Dollar Tree Earnings, Revenue Beat in Q2

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Dollar Tree announced earnings per share of $1.1 on revenue of $6.28B. Analysts polled by Investing.com anticipated EPS of $0.92 on revenue of $6.21B.

Dollar Tree shares are up 10.83% from the beginning of the year, still down 12.92% from its 52 week high of $119.71 set on October 22, 2019. They are under-performing the Nasdaq 100 which is up 37.09% from the start of the year.

Dollar Tree shares lost 4.07% in pre-market trade following the report.

Dollar Tree’s report follows an earnings beat by Amazon.com on July 30, who reported EPS of $10.3 on revenue of $88.91B, compared to forecasts EPS of $1.48 on revenue of $81.45B.

Alibaba ADR had beat expectations on August 20 with first quarter EPS of $14.82 on revenue of $153.75B, compared to forecast for EPS of $13.82 on revenue of $148B.

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