What to Expect From Dollar Tree Earnings

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Dollar Tree Inc. (NASDAQ: DLTR) is set to release its fiscal second-quarter financial results on Thursday before the markets open. The consensus estimates from Thomson Reuters are calling for $0.73 in earnings per share (EPS) and $5.09 billion in revenue. The second quarter from last year had $0.25 in EPS on $3.01 billion in revenue.

In terms of the outlook for the fiscal second quarter, the company expects to have net sales in the range of $5.03 billion to $5.12 billion and EPS in the range of $0.66 to $0.72.

The company dealt with a challenging economic environment in the first quarter. At that time, Dollar Tree delivered on its sales and even hit the high end of its guidance range for earnings. Additionally, while not included in our comp calculation, the Family Dollar segment delivered its third consecutive quarter of positive same-store sales.

Management believes that the company has gotten off to a successful start to 2016. Dollar Tree remains on schedule with its integration of Family Dollar and it believes that it is on track to achieve previously stated synergy targets.

Keep a look out for Dollar General Earnings as well.

A few analysts weighed in on Dollar Tree ahead of the earnings report:

  • MKM reiterated a Buy rating.
  • Deutsche Bank has a Buy rating and a $110 price target.
  • Goldman Sachs reiterated a Buy rating.
  • Buckingham Research reiterated a Buy rating with a $106 price target.
  • Citigroup reiterated a Neutral rating with a $100 price target.
  • BTIG Research has a Buy rating with a $104 price target.
  • BMO Capital Markets has a Market Perform rating with a $95 price target.
  • Telsey Advisory Group reiterated a Buy rating.
  • Jefferies reiterated a Hold rating.

So far in 2016, Dollar Tree has outperformed the broad markets with the stock up over 20% in the year to date. Over the past 52-weeks the stock is up as much as 30%.

Shares of Dollar Tree were last trading down 0.5% at $95.07, with a consensus analyst price target of $97.96 and a 52-week trading range of $60.31 to $99.93.