Dollar Tree (Nasdaq: DLTR) is expected to report Q1 earnings around May 22. Here's what Wall Street wants to see:

The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Dollar Tree's revenues will grow 8.4% and EPS will expand 14.0%.

The average estimate for revenue is $1.87 billion. On the bottom line, the average EPS estimate is $0.57.

Revenue details
Last quarter, Dollar Tree tallied revenue of $2.25 billion. GAAP reported sales were 15% higher than the prior-year quarter's $1.95 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
Last quarter, non-GAAP EPS came in at $1.01. GAAP EPS of $1.00 for Q4 were 27% higher than the prior-year quarter's $0.79 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
For the preceding quarter, gross margin was 37.9%, 10 basis points better than the prior-year quarter. Operating margin was 16.2%, 60 basis points better than the prior-year quarter. Net margin was 10.2%, 50 basis points better than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $7.94 billion. The average EPS estimate is $2.78.

Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 488 members out of 527 rating the stock outperform, and 39 members rating it underperform. Among 146 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 143 give Dollar Tree a green thumbs-up, and three give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Dollar Tree is outperform, with an average price target of $48.65.

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