Dollar General reported second-quarter earnings of $2.23 per share, surpassing the Zacks Consensus Estimate of $2.00 and up from $1.86 a year ago, marking an earnings surprise of 11.5%. Revenue reached $11.29 billion, beating estimates by 1% and rising from $10.73 billion in the prior-year quarter. The company has exceeded consensus EPS estimates in each of the last four quarters. Management's commentary on the earnings call will be key for near-term stock movement, as shares have fallen 7.5% year-to-date versus the S&P 500's gain of 12.1%. Looking ahead, the consensus EPS estimate for the coming quarter is $1.37 on $11.1 billion in revenue, and for the full fiscal year it is $7.37 on $44.4 billion in revenue. Dollar General currently holds a Zacks Rank #3 (Hold), indicating expectations of in-line performance with the market.
Dollar General CorporationBeat Q2 earnings and revenue estimates, with EPS surprise of 11.5%.
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