Dollar Tree Inc. Q1 Income Rises

(RTTNews) - Dollar Tree Inc. (DLTR) released earnings for its first quarter that rose from the same period last year.

The company's earnings totaled $374.5 million, or $1.60 per share. This compares with $247.6 million, or $1.04 per share, in last year's first quarter.

Analysts had expected the company to earn $1.40 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 3.0% to $6.48 billion from $6.29 billion last year.

Dollar Tree Inc. earnings at a glance:

-Earnings (Q1): $374.5 Mln. vs. $247.6 Mln. last year. -EPS (Q1): $1.60 vs. $1.04 last year. -Analysts Estimate: $1.40 -Revenue (Q1): $6.48 Bln vs. $6.29 Bln last year.

-Guidance: Full year EPS guidance: $5.80 to $6.05