CHESAPEAKE, Va. (AP) — CHESAPEAKE, Va. (AP) — Dollar Tree Inc. (DLTR) on Wednesday reported fiscal third-quarter earnings of $233.3 million.
On a per-share basis, the Chesapeake, Virginia-based company said it had net income of $1.08. Earnings, adjusted for one-time gains and costs, were $1.12 per share.
The results topped Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $1.07 per share.
The discount retailer posted revenue of $7.57 billion in the period. Its adjusted revenue was $7.56 billion, which also topped Street forecasts. Nine analysts surveyed by Zacks expected $7.45 billion.
For the current quarter ending in January, Dollar Tree expects its per-share earnings to range from $2.10 to $2.30.
The company said it expects revenue in the range of $8.1 billion to $8.3 billion for the fiscal fourth quarter.
Dollar Tree expects full-year earnings in the range of $5.31 to $5.51 per share, with revenue ranging from $30.7 billion to $30.9 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DLTR at https://www.zacks.com/ap/DLTR
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