Dollar Tree (NASDAQ:DLTR) reported positive earnings this morning. Posting an Q1 EPS of $1, topping estimates of $0.97. The company reported revenues of $1.72 billion, also above estimates of $1.69 billion. However, Dollar Tree’s outlook for the next quarter and beyond is not as spectacular. The company sees Q2 EPS 87c-93c vs. estimates of 95c, and Q2 revenues of $1.66 billion – $1.7 billion, vs. estimates of $1.7 billion.It also sees Q2 comps up in the low to mid single-digit range. Dollar Tree forecasts FY 2013 EPS of $4.74- $4.94, vs. its prior guidance of $4.65-$4.90 given on February 22nd, and estimates of $4.93. Investors are not happy with the lowered guidance. Dollar Tree is down 4% to $97.17.
