30.08.2018 13:35:34

Dollar Tree Inc. Q2 adjusted earnings Miss Estimates

(RTTNews) - Dollar Tree Inc. (DLTR) revealed a profit for its second quarter that climbed from the same period last year.

The company's profit came in at $273.9 million, or $1.15 per share. This compares with $233.8 million, or $0.98 per share, in last year's second quarter.

Excluding items, Dollar Tree Inc. reported adjusted earnings of $273.9 million or $1.15 per share for the period.

Analysts had expected the company to earn $1.16 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.7% to $5.53 billion from $5.28 billion last year.

Dollar Tree Inc. earnings at a glance:

-Earnings (Q2): $273.9 Mln. vs. $235.4 Mln. last year. -EPS (Q2): $1.15 vs. $0.99 last year. -Analysts Estimate: $1.16 -Revenue (Q2): $5.53 Bln vs. $5.28 Bln last year.

-Guidance: Next quarter EPS guidance: $1.11 - $1.18 Next quarter revenue guidance: $5.53 - $5.64 Bln Full year EPS guidance: $4.85 - $5.05 Full year revenue guidance: $22.75 - $22.97 Bln

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