Dollarama (DLMAF) Expected to Post Quarterly Earnings on Wednesday

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

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

Dollarama Price Performance

Shares of OTCMKTS DLMAF opened at $120.52 on Monday. The company has a current ratio of 1.57, a quick ratio of 0.70 and a debt-to-equity ratio of 3.96. The firm has a market capitalization of $32.41 billion and a PE ratio of 45.65. The firm’s 50-day moving average is $132.10 and its 200-day moving average is $131.60. Dollarama has a 1 year low of $112.41 and a 1 year high of $160.86.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating on shares of Dollarama in a research report on Friday, June 12th. Ventum Financial upgraded Dollarama to a “strong-buy” rating in a research report on Thursday, August 20th. BMO Capital Markets reissued an “outperform” rating on shares of Dollarama in a research note on Friday, June 12th. Finally, Scotiabank restated an “outperform” rating on shares of Dollarama in a report on Friday, June 12th. Five investment analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, Dollarama has an average rating of “Buy”.

About Dollarama

Dollarama Inc is a Canadian value retailer that operates a chain of stores offering a broad assortment of everyday consumer products at fixed, low price points. Its merchandise includes general merchandise, household supplies, seasonal items, toys, stationery, party goods, hardware, kitchen products, and select food and convenience products.

Founded in 1992, Dollarama has expanded into one of Canada’s largest discount-store networks, serving communities across the country through stores in all provinces and territories.