On Thursday, Dollar General DG will release its latest earnings report. Here is Benzinga's outlook for the company.
Earnings and Revenue
Dollar General EPS is expected to be around $1.38, according to sell-side analysts. Sales will likely be near $6.92 billion.
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In the same quarter last year, Dollar General posted EPS of $1.31 on sales of $6.42 billion. The analyst consensus estimate would represent a 5.34% increase in the company's EPS figure. Revenue would be have grown 7.84% from the same quarter last year. In comparison to analyst estimates in the past, here's how the company's reported EPS stacks up:
Quarter | Q2 2019 | Q1 2019 | Q4 2018 | Q3 2018 |
EPS Estimate | 1.570 | 1.390 | 1.88 | 1.26 |
EPS Actual | 1.740 | 1.480 | 1.84 | 1.31 |
Stock Performance
For a full 12 months, the return has risen by 36.97%. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. The popular rating by analysts on Dollar General stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
Conference Call
Dollar General is scheduled to hold a conference call at 10:00 a.m. ET and can be accessed here: https://edge.media-server.com/mmc/p/caeo542y
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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