Investing.com - Dollar Tree (NASDAQ:DLTR) reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Dollar Tree announced earnings per share of $0.96 on revenue of $6.42B. Analysts polled by Investing.com anticipated EPS of $0.9585 on revenue of $6.41B.
Dollar Tree shares are up 22.7% from the beginning of the year, still down 2.23% from its 52 week high of $135.59 set on November 19. They are broadly in line with the Nasdaq which is up 23.02% from the start of the year.
Dollar Tree shares lost 1.18% in pre-market trade following the report.
Dollar Tree follows other major Consumer Discretionary sector earnings this month
Dollar Tree's report follows an earnings missed by Amazon.com on October 28, who reported EPS of $6.12 on revenue of $110.81B, compared to forecasts EPS of $8.9 on revenue of $111.55B.
Home Depot had beat expectations on November 16 with third quarter EPS of $3.92 on revenue of $36.82B, compared to forecast for EPS of $3.42 on revenue of $34.95B.
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