Dollar Tree Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Portfolio Pulse from Avi Kapoor
Dollar Tree, Inc. (NASDAQ:DLTR) is anticipated to release its Q4 financial results on March 13, 2024, with analysts expecting an earnings increase to $2.65 per share from $2.04 the previous year, and revenue to rise to $8.67 billion from $7.72 billion. Despite a miss in Q3 FY23 sales, Dollar Tree's stock rose 0.7% to $149.00 recently. Analysts from Guggenheim, Wells Fargo, JP Morgan, Truist Securities, and Morgan Stanley have updated their ratings and price targets, reflecting a generally positive outlook.
March 12, 2024 | 4:11 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Dollar Tree is expected to report increased earnings and revenue for Q4, with a positive outlook from analysts leading to recent stock price appreciation.
The anticipation of higher earnings and revenue for Q4, coupled with positive analyst ratings and price target adjustments, suggests a bullish outlook for DLTR in the short term. The recent stock price increase further supports this positive sentiment.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100