Dollarama Inc reports results for the quarter ended in January - Earnings Summary

Dollarama

04/04/2024 14:32

* Dollarama Inc  DOL.TO  reported quarterly adjusted
earnings of
C$1.15​​ per share for the quarter ended in January, higher than
the same quarter last year, when the company reported EPS of 91
cents.  The mean expectation of ten analysts for the quarter was
for earnings of C$1.06 per share. Wall Street expected
results to range from C$1.05  to C$1.07 per share.
    * Revenue rose 11.3% to C$1.64 billion from a year ago;
analysts
expected C$1.61 billion. 
    * Dollarama Inc's reported EPS for the quarter was C$1.15​.
    * The company reported quarterly net income of C$323.77
million.
    * Dollarama Inc shares had fallen by 2.7% this quarter and
gained 5.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1% in
the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the discount
stores
peer group is also "buy"

Wall Street's median 12-month price target for Dollarama Inc is
C$105.00 
This summary was machine generated from LSEG data April 4 at
01:32 p.m. UTC. ​All figures in Canadian dollars unless
otherwise stated. (For questions concerning the data in this
report, contact Estimates.Support@lseg.com. For any other
questions or feedback, contact
RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jan. 31 2024      1.06           1.15           Beat
 Oct. 31 2023      0.86           0.92           Beat
 Jul. 31 2023      0.77           0.86           Beat
 Apr. 30 2023      0.59           0.63           Beat