Dollar Tree Earnings Beat, Revenue Misses In Q3

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Dollar Tree announced earnings per share of $1.39 on revenue of $6.18. Analysts polled by Investing.com anticipated EPS of $1.15 on revenue of $6.12B.

Dollar Tree shares are up 3.79% from the beginning of the year, still down 13.89% from its 52 week high of $113.35 set on November 25, 2019. They are under-performing the Nasdaq 100 which is up 36.33% from the start of the year.

Dollar Tree shares gained 1.74% in pre-market trade following the report.

Dollar Tree’s report follows an earnings beat by Amazon.com on October 29, who reported EPS of $12.37 on revenue of $96.15B, compared to forecasts EPS of $7.41 on revenue of $92.78B.

Alibaba ADR had beat expectations on November 5 with second quarter EPS of $18 on revenue of $155.06B, compared to forecast for EPS of $13.82 on revenue of $154.87B.

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