Dollarama: Analysts Anticipate $972.5 Million In Q1 2022 Revenue

Dollarama Inc (TSX: DOL) will be reporting its first quarter 2022 financial results on June 9th before markets open. Analysts have a consensus C$61.71 12-month price target on the company, via a total of 14 analysts, with two analysts having strong buy ratings, seven analysts having buy ratings, and five have hold ratings. The street high is a C$70 price target from Wells Fargo, and the lowest target sits at C$52 from Arc Independent Research.

Only 8 analysts have revenue estimates for the first quarter. The mean revenue estimate between all 8 analysts is C$972.54 million; this number has been revised slightly higher from C$944.13 million at the start of the year. The highest revenue estimate is C$1.03 billion, while the lowest is C$903 million.

The analyst consensus for net income for the first quarter is C$116.62 million, which is down from the start of the year when it sat at C$138.30 million. The highest net income estimate is C$122.34 million, while the lowest is C$110.90 million.

Onto EBITDA estimates, there are currently only 8 analysts who have first quarter EBITDA estimates. The mean is currently C$263.08 million, with this number having been revised slightly higher from C$256.21 million at the start of the year. The street high estimate currently sits at C$290 million in EBITDA and the lowest is C$247.1 million.

Analysts estimate that quarterly earnings per share will come in at C$0.41, with this number being flat since the start of the year. The street high is C$0.45 and the lowest estimate is C$0.39 per share for the quarter.

Information for this briefing was found via Sedar and Refinitiv. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

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