Dollar General Corp. (NYSE: DG) is set to report its earnings on Thursday, August 28, in the morning before the market opens. The report comes at an important time when the company is in talks of a merger with Family Dollar Stores Inc. (NYSE: FDO). The question is if Dollar Tree Inc. (NASDAQ: DLTR) will win Family Dollar in an acquisition or if Dollar General will. It would be very easy to become hyper-focused on this would-be merger, but we are going to keep it basic for now.

Thomson Reuters has consensus estimates of $0.83 in earnings per share and $4.77 billion in revenues for Dollar General. This compares to the same quarter a year ago of $0.77 in earnings per share and $4.39 billion in revenues. Estimates for the coming quarter are $0.81 in earnings per share and $4.77 billion in revenues.

Dollar General saw its shares rise sharply in the prior week, ahead of the earnings report. However, this might not necessarily be reflecting the anticipation for earnings. This pop higher was on the merger hopes that it can ultimately win the Familiar Dollar buyout, but this matter remains up for debate.

Using a chart analysis on Dollar General, it seems like you have to have more merger outcome knowledge than you do for traditional chart analysis. Its price gyrations have been too severe of late, so all we will note at the current time is that Dollar General shares are with $2 of all-time highs.

With shares recently trading at $64.02, Dollar General has a 52-week trading range of $53.00 to $65.99. Its consensus analyst price target is $69.12.

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