Dollar Tree (DLTR) Releases Q1 Earnings Guidance

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Dollar Tree (NASDAQ:DLTR) updated its first quarter earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $1.05-1.15 for the period, compared to the Thomson Reuters consensus estimate of $1.30. The company issued revenue guidance of $5.74-5.85 billion, compared to the consensus revenue estimate of $5.81 billion.Dollar Tree also updated its FY 2019 guidance to $4.85-5.25 EPS.

A number of equities analysts recently weighed in on the stock. BidaskClub cut shares of Dollar Tree from a buy rating to a hold rating in a research report on Wednesday, February 27th. Raymond James set a $107.00 price objective on shares of Dollar Tree and gave the stock a buy rating in a research report on Tuesday, February 26th. Wolfe Research assumed coverage on shares of Dollar Tree in a research report on Monday, February 11th. They set a market perform rating for the company. Zacks Investment Research raised shares of Dollar Tree from a hold rating to a buy rating and set a $108.00 price objective for the company in a research report on Monday, February 4th. Finally, Oppenheimer cut shares of Dollar Tree from an outperform rating to a market perform rating and increased their price objective for the stock from $92.00 to $104.00 in a research report on Thursday, January 10th. One equities research analyst has rated the stock with a sell rating, seventeen have assigned a hold rating and eleven have assigned a buy rating to the stock. Dollar Tree currently has an average rating of Hold and an average target price of $99.05.

Shares of DLTR opened at $95.47 on Wednesday. Dollar Tree has a twelve month low of $78.78 and a twelve month high of $104.73. The firm has a market capitalization of $23.11 billion, a PE ratio of 19.64, a PEG ratio of 1.22 and a beta of 0.46. The company has a current ratio of 2.22, a quick ratio of 0.48 and a debt-to-equity ratio of 0.63.

Dollar Tree (NASDAQ:DLTR) last announced its quarterly earnings data on Wednesday, March 6th. The company reported $1.93 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.92 by $0.01. Dollar Tree had a net margin of 7.64% and a return on equity of 17.11%. The business had revenue of $6.21 billion for the quarter, compared to analyst estimates of $6.19 billion. During the same period last year, the business earned $1.89 EPS. The company’s revenue was down 2.4% on a year-over-year basis. Equities analysts expect that Dollar Tree will post 5.45 EPS for the current year.

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Dollar Tree Company Profile

Dollar Tree, Inc operates discount variety retail stores in the United States and Canada. It operates through two segments, Dollar Tree and Family Dollar. The Dollar Tree segment offers merchandise at the fixed price of $1.00. It provides consumable merchandise, including candy and food, and health and beauty care products, as well as everyday consumables, such as household paper and chemicals, and frozen and refrigerated food; various merchandise comprising toys, durable housewares, gifts, stationery, party goods, greeting cards, softlines, and other items; and seasonal goods, which include Valentine's Day, Easter, Halloween, and Christmas merchandise.

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Earnings History and Estimates for Dollar Tree (NASDAQ:DLTR)

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