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Dollar Tree announced earnings per share of $2.37 on revenue of $6.90B. Analysts polled by Investing.com anticipated EPS of $2.01 on revenue of $6.77B.
Dollar Tree shares are down 4.93% from the beginning of the year, still down 24.61% from its 52 week high of $177.19 set on April 21. They are outperforming the Nasdaq which is down 26.91% from the start of the year.
Dollar Tree shares gained 12.29% in pre-market trade following the report.
Dollar Tree’s report follows an earnings beat by Panasonic Corp PK on May 11, who reported EPS of $0.1997 on revenue of $15.34B, compared to forecasts EPS of $0.1559 on revenue of $15.34B.
Amazon.com had missed expectations on April 28 with first quarter EPS of $-7.56 on revenue of $116.44B, compared to forecast for EPS of $8.35 on revenue of $116.45B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
