Dollar General Expected to Earn $1.38 a Share

Dollar General revenue expected to rise 7.9% to $6.9 billion.
Author:
Publish date:

Dollar General Corp. (DG) - Get Report is expected to report adjusted net income of $355.1 million, or $1.38 a share, on sales of $6.9 billion before the market opens on Thursday, based on a FactSet survey of 23 analysts. 

In the same period a year ago, the company posted earnings of $1.26 a share on sales of $6.4 billion. It reported a net income of $407.2 million.

The stock has fallen 2% since the company last reported earnings on Aug. 29.

Quarterly estimates have risen less than 1 cent a share over the past month. 

In the upcoming quarter, analysts are forecasting adjusted net income of $513.6 million, or $2.01 a share, on sales of $7.1 billion.

Dollar General is currently trading at a price-to-forward-earnings ratio of 21.3 based on the 12-month estimates of 26 analysts surveyed by FactSet.

Jim Cramer and the Action Alerts Plus team are watching the Multiline Retail sector. To find out more about what stocks they like in the industry click here now to get more from Action Alerts PLUS.

Introducing TheStreet Courses: Financial titans Jim Cramer and Robert Powell are bringing their market savvy and investing strategies to you. Learn how to create tax-efficient income, avoid top mistakes, reduce risk and more. With our courses, you will have the tools and knowledge needed to achieve your financial goals. Learn more about TheStreet Courses on investing and personal finance here.