Shares of Dollar Tree Inc. were falling 3% in premarket action Wednesday after the discounter topped profit expectations for its most recent quarter but gave...
Shares of Dollar Tree Inc.
were falling 3% in premarket action Wednesday after the discounter topped profit expectations for its most recent quarter but gave an earnings forecast for the current year that trailed the consensus view. The company recorded fourth-quarter net income of $452.2 million, or $2.04 a share, compared with net income of $454.2 million, or $2.01 a share, in the year-before period. Analysts tracked by FactSet were expecting $2.02 a share in earnings. Revenue ticked up to $7.72 billion from $7.
were falling 3% in premarket action Wednesday after the discounter topped profit expectations for its most recent quarter but gave an earnings forecast for the current year that trailed the consensus view. The company recorded fourth-quarter net income of $452.2 million, or $2.04 a share, compared with net income of $454.2 million, or $2.01 a share, in the year-before period. Analysts tracked by FactSet were expecting $2.02 a share in earnings. Revenue ticked up to $7.72 billion from $7.
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