Dollar Tree (DLTR) reported Q3 FY 2019 earnings of $1.08 per share (versus $1.18 in Q3 FY 2018), missing analysts’ consensus estimate of $1.13.
The company’s quarterly revenues amounted to $5.746 bln (+3.7% y/y), in line with analysts’ consensus estimate of $5.739 bln.
The company also issued guidance for Q4, projecting EPS of $1.70-1.80 vs. analysts’ consensus estimate of $2.03 and revenues of $6.33-6.44 bln vs. analysts’ consensus estimate of $6.4 bln. For the full year, the company projected EPS of $4.66-4.76 versus analysts’ consensus estimate of $5.11 and revenues of $23.62-23.74 bln vs. analysts’ consensus estimate of $23.69 bln and its prior estimate of $23.57-23.79 bln.
DLTR fell to $98.40 (-12.45%) in pre-market trading.