Dollar Tree Earnings Beat, Revenue Misses In Q2

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Dollar Tree announced earnings per share of $1.23 on revenue of $6.34B. Analysts polled by Investing.com anticipated EPS of $1.02 on revenue of $6.44B.

Dollar Tree shares are down 1.59% from the beginning of the year, still down 11.67% from its 52 week high of $120.37 set on April 6. They are under-performing the S&P 500 which is up 19.7% from the start of the year.

Dollar Tree shares lost 4.07% in pre-market trade following the report.

Dollar Tree’s report follows an earnings beat by Amazon.com on July 29, who reported EPS of $15.12 on revenue of $113.08B, compared to forecasts EPS of $12.23 on revenue of $115.42B.

Alibaba ADR had beat expectations on August 3 with first quarter EPS of $16.6 on revenue of $205.74B, compared to forecast for EPS of $14.32 on revenue of $209.11B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar