Investing.com - Dollar Tree (NASDAQ:DLTR) reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Dollar Tree announced earnings per share of $1.6 on revenue of $6.47B. Analysts polled by Investing.com anticipated EPS of $1.39 on revenue of $6.39B.
Dollar Tree shares are up 0.4% from the beginning of the year and are trading at $102.81 , down-from-52-week-high.They are under-performing the Nasdaq which is up 6.59% from the start of the year.
Dollar Tree shares lost 5.22% in pre-market trade the report.
Dollar Tree follows other major Services sector earnings this month
Dollar Tree's report follows an earnings beat by Amazon.com on April 29, who reported EPS of $15.79 on revenue of $108.52B, compared to forecasts EPS of $9.54 on revenue of $104.51B.
Alibaba ADR had missed expectations on May 13 with fourth quarter EPS of $10.32 on revenue of $187.4B, compared to forecast for EPS of $11.16 on revenue of $187.37B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar