Dollarama Inc <DOL.TO>: Profits of 70  cents announced for third quarter

7 December 2022 01:02 p.m. ​All figures in Canadian dollars. The profits announced by Dollarama Inc in the third quarter were on par with the Refinitiv mean estimate of profits. The company reported profits of 70 cents per share, 9 cents higher than the same quarter last year when the company reported EPS of 61 cents. Profits of 70 cents per share were anticipated by the ten analysts providing estimates for the quarter. Wall Street expected results to range from 68 cents to 71 cents per share, with a forecasted mean of 70 cents per share. The company reported revenue of C$1.29 billion, which is higher than the estimated C$1.23 billion. RECOMMENDATIONS * The consensus recommendation for the company is "Buy". * The average consensus recommendation for the discount stores peer group is also "Buy". FORECAST CHANGES * Eleven analysts are currently providing Refinitiv with estimates. * In the last week there have been no positive earnings revisions and one analyst has revised an earnings estimate downward. There was no change to the number of estimates. YEAR OVER YEAR * The company reported an increase in revenue to C$1.29 billion from C$1.12 billion in the same quarter last year.​ * Previous quarterly performance (using earnings preferred measure) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET, MISSED Jul. 31 2022 0.64​ 0.66 Beat Apr. 30 2022 0.47 0.49 Beat Jan. 31 2022 0.71 0.74 Beat​ Oct. 31 2021 0.57 0.61 Beat This summary was machine generated from Refinitiv data December 7 at 01:02 p.m.