Benzinga | Nov 22, 2021 10:22AM EST

Preview: Dollar Tree's Earnings

Dollar Tree (NASDAQ:DLTR) is set to give its latest quarterly earnings report on Tuesday, 2021-11-23. Here's what investors need to know before the announcement.

Analysts estimate that Dollar Tree will likely report an Earnings Per Share (EPS) of $0.95.

Dollar Tree bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company beat EPS by $0.22, which was followed by a 2.77% drop in the share price the next day.

Here's a look at Dollar Tree's past performance and the resulting price change:

Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020EPS Estimate 1.01 1.4 2.11 1.15EPS Actual 1.23 1.6 2.13 1.39Price Change % -2.77% -2.61% -0.07% 0.34%

Stock Performance

Shares of Dollar Tree were trading at $134.96 as of November 19. Over the last 52-week period, shares are up 20.41%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

To track all upcoming earnings announcements, click here to use Benzinga Earnings Calendar.