Dollar Tree Earnings Beat Expectations at $0.05, Profits Surpass Forecasts

According to Dollar Tree's (NASDAQ: DLTR) report, earnings per share for the third quarter came in at $1.12, surpassing analysts' expectations of $1.07 by $0.05. The reported revenue for this quarter was $7.56 billion, while analysts had anticipated $7.45 billion.

Guidance for the fourth quarter of 2024 estimates earnings per share to be between $2.10 and $2.30, compared to analysts' expectations of $2.23. For the fourth quarter of 2024, revenue is projected to be between $8.10 billion and $8.30 billion, while analysts forecasted $8.24 billion. Earnings per share for the fourth quarter of 2024 have been set between $5.31 and $5.51, with analysts anticipating $5.41.

For the fiscal year 2024, Dollar Tree's revenue is expected to range from $30.70 billion to $30.90 billion, compared to analysts' expectations of $30.71 billion. Dollar Tree shares closed the day at $72.48, reflecting an 8.99% increase in value over the past three months. However, the stock has seen a decrease of 43.27% over the last 12 months.

In the past 90 days, Dollar Tree reported zero positive earnings per share and 20 negative earnings per share. You can examine how Dollar Tree's stock price reacted to past earnings reports here.

According to InvestingPro, Dollar Tree's financial health score is categorized as "Very Good." You can review the latest earnings reports and complete financial information for Dollar Tree here. Stay updated on all developments related to balance sheets by visiting the Investing.com Earnings Calendar.