Dollarama (OTCMKTS:DLMAF) Releases Earnings Results, Beats Estimates By $0.05 EPS

Dollarama (OTCMKTS:DLMAF) issued its earnings results on Thursday. The company reported $0.84 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.05, Zacks reports. The firm had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.35 billion.

Dollarama Trading Up 1.2%

DLMAF opened at $146.35 on Friday. The stock has a 50-day moving average of $135.17 and a 200 day moving average of $136.17. Dollarama has a 12 month low of $88.12 and a 12 month high of $150.98.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. Royal Bank Of Canada reiterated an “outperform” rating on shares of Dollarama in a research report on Friday, November 28th. National Bankshares restated an “outperform” rating on shares of Dollarama in a research report on Thursday, December 4th. Scotiabank reaffirmed an “outperform” rating on shares of Dollarama in a research note on Friday. Sanford C. Bernstein started coverage on shares of Dollarama in a research note on Wednesday, September 17th. They issued an “outperform” rating on the stock. Finally, TD Securities restated a “buy” rating on shares of Dollarama in a research report on Friday. Eight investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock has an average rating of “Buy”.

About Dollarama

Dollarama Inc operates a chain of dollar stores in Canada. Its stores offer general merchandise, consumables, and seasonal products. It also sells its products through online store. The company was formerly known as Dollarama Capital Corporation and changed its name to Dollarama Inc in September 2009.