These Analysts Slash Their Forecasts On Dollar Tree Following Weak Q2 Earnings
Portfolio Pulse from Avi Kapoor
Dollar Tree, Inc (NASDAQ:DLTR) reported disappointing Q2 2024 earnings, with adjusted EPS of 67 cents, missing expectations. Sales were slightly up but below consensus. Analysts have downgraded and lowered price targets, leading to a 22.2% drop in share price.
September 05, 2024 | 11:51 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Dollar Tree reported weak Q2 earnings with adjusted EPS of 67 cents, missing the $1.04 consensus. Sales were slightly up but below expectations. Analysts downgraded the stock and lowered price targets, causing a 22.2% drop in share price.
Dollar Tree's Q2 earnings were significantly below expectations, leading to analyst downgrades and reduced price targets. The stock price dropped 22.2% as a result, indicating a negative short-term impact.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100