Investing.com - Dollar General (NYSE:DG) reported third quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $1.42 on revenue of $6.99B. Analysts polled by Investing.com anticipated EPS of $1.38 on revenue of $6.92B. That compared to EPS of $1.31 on revenue of $6.42B in the same period a year earlier. The company had reported EPS of $1.74 on revenue of $6.98B in the previous quarter.
Dollar General shares gained 3.55% to trade at $159.00 in pre-market trade following the report.
For the year, Dollar General shares are up 42.07%, outperforming the S&P 500 which is up 25.67% year to date.
Dollar General follows other major Services sector earnings this month
On November 14, Walmart reported third quarter EPS of $1.16 on revenue of $128B, compared to forecasts of EPS of $1.09 on revenue of $128.59B.
Walt Disney earnings beat analyst's expectations on November 7, with fourth quarter EPS of $1.07 on revenue of $19.1B. Investing.com analysts expected EPS of $0.94 on revenue of $19.18B
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