[ad_1]
Dollar General DG reported its Q2 earnings results on Thursday, August 25, 2022 at 06:55 AM.
Here’s what investors need to know about the announcement.
Earnings
Dollar Gen beat estimated earnings by 1.71%, reporting an EPS of $2.98 versus an estimate of $2.93.
Revenue was up $776.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.09 which was followed by a 2.81% increase in the share price the next day.
Here’s a look at Dollar Gen’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 2.32 | 2.57 | 2.01 | 2.57 |
| EPS Actual | 2.41 | 2.57 | 2.08 | 2.69 |
| Revenue Estimate | 8.70B | 8.70B | 8.49B | 8.59B |
| Revenue Actual | 8.75B | 8.65B | 8.52B | 8.65B |
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).
Guidance
Dollar Gen management provided guidance for FY 2022, expecting earnings between $11.39 and $11.59 per share.
To track all earnings releases for Dollar Gen visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
[ad_2]
Image and article originally from www.benzinga.com. Read the original article here.