Dollarama (DLMAF) Projected to Post Earnings on Wednesday

Key Points

• Dollarama is expected to report earnings before the market opens on September 16, with analysts forecasting $0.91 in earnings per share and $1.4419 billion in revenue.
• The company exceeded expectations in its previous quarter, posting $0.77 EPS versus the $0.72 consensus estimate and $1.36 billion in revenue against forecasts of $1.34 billion.
• Analyst sentiment remains positive: Dollarama has an average “Buy” rating, including five Strong Buy and five Buy recommendations, while the stock trades at a P/E ratio of 47.70.

Dollarama (OTCMKTS:DLMAF - Get Free Report) is expected to be posting its results before the market opens on Wednesday, September 16th. Analysts expect the company to announce earnings of $0.91 per share and revenue of $1.4419 billion for the quarter.

Dollarama (OTCMKTS:DLMAF - Get Free Report) last issued its earnings results on Thursday, June 11th. The company reported $0.77 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.05. The company had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.34 billion. Dollarama had a net margin of 17.65% and a return on equity of 94.77%. On average, analysts expect Dollarama to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Dollarama Stock Performance

DLMAF opened at $125.94 on Wednesday. The stock's 50 day simple moving average is $132.81 and its 200 day simple moving average is $131.99. The company has a debt-to-equity ratio of 3.96, a current ratio of 1.57 and a quick ratio of 0.70. The stock has a market cap of $33.94 billion and a P/E ratio of 47.70. Dollarama has a 1-year low of $112.41 and a 1-year high of $160.86.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on DLMAF shares. Canadian Imperial Bank of Commerce reiterated an "outperform" rating on shares of Dollarama in a research report on Friday, June 12th. BMO Capital Markets reissued an "outperform" rating on shares of Dollarama in a research note on Friday, June 12th. Scotiabank restated an "outperform" rating on shares of Dollarama in a report on Friday, June 12th. Finally, Ventum Financial raised Dollarama to a "strong-buy" rating in a research report on Thursday, August 20th. Five equities research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, Dollarama presently has an average rating of "Buy".

Dollarama Company Profile

Dollarama Inc operates as a leading Canadian dollar store chain, offering a variety of everyday consumer goods at fixed price points. The company’s retail format emphasizes value and convenience, providing a one-stop shopping experience for cost-conscious customers. Merchandise spans multiple categories, including household items, food and consumables, health and beauty products, stationery, seasonal and party supplies, and toys.

Founded in 1992 by Laurent “Larry” Rossy, Dollarama opened its first location in Montreal, Quebec.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.