Dollar Tree Q2 2024 Adj. EPS $0.67 Misses $1.04 Estimate, Sales $7.378B Miss $7.488B Estimate
Portfolio Pulse from Benzinga Newsdesk
Dollar Tree's Q2 2024 earnings and sales missed analyst estimates, with EPS at $0.67 versus the expected $1.04, and sales at $7.378 billion versus the expected $7.488 billion.
September 04, 2024 | 10:30 am
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NEGATIVE IMPACT
Dollar Tree's Q2 2024 earnings per share of $0.67 fell short of the $1.04 estimate, marking a 26.37% decrease from last year. Sales also missed expectations at $7.378 billion.
The significant miss in both EPS and sales compared to analyst estimates is likely to negatively impact Dollar Tree's stock price in the short term. The earnings per share were 35.58% below expectations, and sales were 1.47% below estimates, indicating potential challenges in the company's financial performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100