Dollar Tree Stores Q3 Earnings Fall 37%

(RTTNews) - Dollar Tree Stores (DLTR) released a profit for third quarter that declined from last year.

The company said its profit came in at $89.2 million, or $0.38 per share. This was down from $142.4 million, or $0.69 per share, in last year's third quarter.

Analysts had expected the company to earn $0.53 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 135.7% to $4.95 billion. This was up from $2.10 billion last year.

Dollar Tree Stores earnings at a glance:

-Earnings (Q3): $89.2 Mln. vs. $142.4 Mln. last year. -Earnings Decline (Y-o-Y): -37.4% -EPS (Q3): $0.38 vs. $0.69 last year. -EPS Decline (Y-o-Y): -44.9% -Analysts Estimate: $0.53 -Revenue (Q3): $4.95 Bln vs. $2.10 Bln last year. -Revenue Change (Y-o-Y): 135.7%

-Guidance: Next quarter EPS guidance: $2.32 - $2.51 Next quarter revenue guidance: $5.32 - $5.42 Bln Full year revenue guidance: $15.45 - $15.55 Bln