Strong Comps To Boost Dollar Tree's (DLTR) Q4 Earnings
Zacks Investment Research | Mar 04, 2018 10:02PM ET
We expect Dollar Tree, Inc. (NASDAQ:DLTR) to beat expectations when it reports fourth-quarter fiscal 2017 results on March 7, before the market opens.
Dollar Tree delivered an earnings surprise of 12.2% in the preceding quarter. Also, the company outperformed the Zacks Consensus Estimate by an average of nearly 7.4% in the trailing four quarters, with earnings beat in three of the last four quarters.
So let’s see how things are shaping up prior to this announcement.
What to Expect?
The Zacks Consensus Estimate for the quarter under review is pegged at $1.90 per share, reflecting year-over-year growth of 36.7%. We note that the consensus mark has witnessed an uptrend in the last 30 days. Further, analysts polled by Zacks expect revenues of $6.4 billion, up 13.6% from the year-ago quarter.
Dollar Tree, Inc. Price, Consensus and EPS Surprise
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