Investing.com – Dollar Tree reported third quarter that missed analysts’ expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $1.08 on revenue of $5.75B. Analysts polled by Investing.com anticipated EPS of $1.13 on revenue of $5.74B. That compared to EPS of $1.18 on revenue of $5.54B in the same period a year earlier. The company had reported EPS of $0.76 on revenue of $5.74B in the previous quarter.
Dollar Tree shares lost 7.02% to trade at $104.50 in pre-market trade following the report.
Dollar Tree follows other major Services sector earnings this month
On November 1, Alibaba ADR reported second quarter EPS of $13.1 on revenue of $119.02B, compared to forecasts of EPS of $10.75 on revenue of $116.96B.
Walmart earnings beat analysts’ expectations on November 14, with third quarter EPS of $1.16 on revenue of $128B. Investing.com analysts expected EPS of $1.09 on revenue of $128.59B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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