Dollar General (DG) will release its fourth quarter financial results before markets open tomorrow morning.
S&P Capital IQ consensus expects Q4 EPS to rise to $2.01 from EPS of $1.84 in the prior year quarter, and it anticipates revenue growth of about +7.4% yr/yr to $7.14 bln.
The company updated its full-year guidance in December. They also raised EPS expectations to $6.55-6.65 from $6.45-6.60. The guidance included impact from implemented China tariffs.
Dollar General has posted above-consensus EPS and revenues in three of the past four quarters
The company is expected to guide for the coming year in tomorrow's report.
S&P Capital IQ consensus currently forecasts EPS for the full year ending in January 2021 of $7.44 and revenues of $29.89 bln.
TECHS:
DG has a valuation of circa $40.7 bln and trades at roughly 21x forward earnings estimates.
Dollar Tree (DLTR) trades at roughly 15x forward earnings estimates.
Yesterday's rebound effort in the broader market led the stock to touch new all-time highs.
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