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randomrob

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  • Earnings Preview: Dollar General Reports Monday [View article]
    I have two observations that I am hoping folks will comment on.

    My concern is that both my observations indicate DG will miss the consensus estimate of $0.60 per share for Q1 2013 when they release their earning at 4:05pm ET on 6/4. I am long this stock and hope I am wrong, but I just want to know if I should sell on Monday in advance of the earnings call after the bell?

    My first observation: When DG reported their earnings for Q1 2012 a year ago they missed by $0.02 and that sent the stock down from $35.07 on 5/31/11 to $31.81 on 6/1/11 (9.3% drop). Is it possible that Q1 for DG is seasonally slow?

    My second observation: I looked at the past 5 earnings calls and all of them had the conference call at 10:00am ET. Why is this call scheduled for after the bell on 6/4? Could that indicate they know they are going to miss the $0.60 street estimate?

    Again, I am long this stock, but I do not want to get surprised Tuesday morning. Please comment on my two observations. Thanks!
    Jun 1 01:35 PM | Likes Like |Link to Comment
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