Dollarama Inc reports results for the quarter ended October 31 - Earnings Summary

Dollarama

04/12/2024 14:31

* Dollarama Inc  DOL.TO  reported quarterly adjusted
earnings of
98 cents​​ per share for the quarter ended October 31, higher
than the same quarter last year, when the company reported EPS
of 92 cents.  The mean expectation of ten analysts for the
quarter was for earnings of 98 cents per share. Wall Street
expected results to range from 97 cents to C$1.00 per share.
    * Revenue rose 5.7% to C$1.56 billion from a year ago;
analysts
expected C$1.56 billion. 
    * Dollarama Inc's reported EPS for the quarter was 98
cents​.
    * The company reported quarterly net income of C$275.81
million.
    * Dollarama Inc shares had risen by 7.0% this quarter and
gained 55.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 2% in
the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 4
"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$145.00 
This summary was machine generated from LSEG data December 4 at
02:31 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
 Oct. 31 2024      0.98           0.98           Met
 Jul. 31 2024      0.97           1.02           Beat
 Apr. 30 2024      0.76           0.77           Beat
 Jan. 31 2024      1.06           1.15           Beat