Dollar Tree (NASDAQ:DLTR) reported first quarter earnings that matched analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $1.14 on revenue of $5.81B. Analysts polled by forecast EPS of $1.14 on revenue of $5.78B. That compared to EPS of $1.19 on revenue of $5.55B in the same period a year earlier. The company had reported EPS of $1.93 on revenue of $6.21B in the previous quarter.
Dollar Tree shares lost 3.06% to trade at $92.40 in pre-market trade following the report.
Dollar Tree follows other major Services sector earnings this month
On May 15, Alibaba ADR reported fourth quarter EPS of $8.57 on revenue of $93.5B, compared to forecasts of EPS of $6.56 on revenue of $91.54B.
Walmart earnings beat analysts' expectations on May 16, with first quarter EPS of $1.13 on revenue of $123.9B. analysts expected EPS of $1.02 on revenue of $125.28B
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