Dollar Tree Q1 Adj. EPS $1.47 Misses $1.52 Estimate, Sales $7.32B Beat $7.28B Estimate
Portfolio Pulse from Benzinga Newsdesk
Dollar Tree reported Q1 adjusted EPS of $1.47, missing the $1.52 estimate, and sales of $7.32B, beating the $7.28B estimate. This represents a 37.97% decrease in earnings and a 6.10% increase in sales compared to the same period last year.
May 25, 2023 | 11:31 am
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NEGATIVE IMPACT
Dollar Tree's Q1 adjusted EPS missed estimates by 3.29% while sales beat estimates by 0.60%. Earnings decreased by 37.97% and sales increased by 6.10% compared to last year.
Dollar Tree's Q1 adjusted EPS missed analyst estimates by 3.29%, which may negatively impact the stock price in the short term. However, sales beat estimates by 0.60%, showing some positive growth. The decrease in earnings compared to last year is significant at 37.97%, which could further contribute to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100