DG-Dollar General Earnings Report 12-7-17

dollar-general-earnings

DG-Dollar General Earnings Report 12-7-17

Dollar General (DG) Q3 Earnings: Is a Beat in the Cards?

Dollar General Corporation (DG) is scheduled to report third-quarter fiscal 2017 results on Dec 7. In the preceding quarter, the company delivered a positive earnings surprise of 0.9%.

The current Zacks Consensus Estimate for the quarter is 94 cents, up nearly 6% year over year. Analysts polled by Zacks anticipate revenues of $5,803 million, up roughly 9% from the year-ago quarter.

Well the obvious question that comes to mind is whether Dollar General will be able to post positive earnings surprise in the quarter under review. Let’s take a look at factors influencing the quarter.

We believe the company’s results in the quarter to be reported will be driven by the buyout of 285 Acquired Stores. Earlier, the company raised fiscal 2017 outlook primarily due to recent store buyout deal.

zacks.com/dollar-general-q3-earnings

Dollar General Stock Eyeing Record Highs Ahead Of Earnings

Although earnings season has all but wrapped up, there are still a few stragglers who have yet to step up to the plate. One such company is bargain retailer Dollar General Corp. (NYSE:DG), which reports earnings before the open tomorrow, and hopes to keep pace with its surging sector rival Dollar Tree (DLTR).

Below, we will take a look at Dollar General’s earnings history, and examine how analysts and options traders are playing DG stock ahead of earnings. Dollar General shares have a solid history of post-earnings price action, finishing the subsequent session higher in five of the past eight quarters.

Over the past eight quarters, the security has averaged a single- session post-earnings move of 6.8%, including a 6.5% boost in June.

schaeffersresearch.com/dollar-general-earnings

DG-Dollar General 12-7-17 Before Earnings

DG-Dollar General 12-7-17 Before Earnings

Bitcoin Today

$BTC 12-7-17

$BTC 12-7-17

I’m a believer bitcoin can play a role in our society, Yahoo co-founder says
https://www.cnbc.com/2017/12/07/yahoos-jerry-yang-says-im-a-believer-in-bitcoin.html

Bitcoin pops above $15,000 for the first time
http://money.cnn.com/2017/12/06/investing/bitcoin-rally-hits-14000/index.html

Today's Trade of the Day | 12-7-17

FSLR-First Solar 12-7-17

FSLR-First Solar 12-7-17

FSLR-First Solar popped above the $62 breakout. The stock price closed weak (from the days high) but remained above $63. Game planning a $63.75 buy stop for a new swing trade long. Stop loss comes in on a close below $62, with a profit target to sell at $71.75

SPY ETF Chart 12-7-17

SPY ETF Chart 12-7-17

HEADLINE NEWS

The world’s biggest banks reportedly want to halt bitcoin futures launch
https://www.cnbc.com/2017/12/07/bitcoin-futures-push-back-by-wall-street-banks.html

Goldman, BlackRock, and Blackstone: Will They Still Rule Wall Street in 10 Years?
https://www.bloomberg.com//news/articles/2017-12-07/goldman-blackrock-and-blackstone-will-they-still-rule-wall-street-in-10-years

FANG Stocks Get Positive Reviews, Ratings With New Coverage
https://www.investors.com/news/technology/fang-stocks-get-positive-reviews-ratings-with-new-coverage/

Walmart is joining forces with BuzzFeed in its quest for millennial shoppers
http://www.businessinsider.com/walmart-partners-with-buzzfeeds-tasty-2017-12

On This Day In Market History: The 1974 Bear Market Bottom
https://www.benzinga.com/general/education/17/12/10879087/on-this-day-in-market-history-the-1974-bear-market-bottom

Stock Market Sector Performance

Stock Market Sector Performance 12-7-17

Stock Market Sector Performance 12-7-17

Stocks to Trade | Thursday Edition 12-7-17

Bullish Momentum: DVA, X, NTNX, TSLA, TMUS

Bearish Momentum: nfx, dvn, apa, hes, eqt, chtr, mnk

ORDER FLOW

Bullish Order Flow: DVA, ROKU, NTNX, W, ESRX, BA, AMZN, DG, MCD, CAT, HON, CF, UNP, LB, MAR, KSS, ROST, COST, DLTR, CVX, TJX, DE, VLO, HD, TSCO

Bearish Order Flow: hsic, eqt, chtr, momo, expe, swks, wdc, ea, agn

Double Normal Volume: RGC, IMMU, EIX, DVA, DLPH, AET, CC, SWKS

Inside Days: mu, wfc, amat, jpm, nvda, ebay, kr, tgt, nflx, dhi, phm, ea, jnpr, fox, gps, wdc, vlo, gis, amzn, utx, omc, bidu

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