Ollie's Bargain Outlet Holdings Inc reports results for the quarter ended in April - Earnings Summary

Ollie's Bargain Outlet Holdings

07/06/2023 14:32

* Ollie's Bargain Outlet Holdings Inc  OLLI.OQ  reported
quarterly
adjusted earnings of 49 cents​​ per share for the quarter ended
in April. The mean expectation of fifteen analysts for the
quarter was for earnings of 47 cents per share.
    * Revenue rose 12.9% to $459.15 million from a year ago;
analysts
expected $451.35 million. 
    * Ollie's Bargain Outlet Holdings Inc's reported EPS for the
quarter was 50 cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.8%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Ollie's Bargain Outlet Holdings Inc shares had risen
by 7.0%
this quarter and gained 32.4% so far this year.
    * The company reported quarterly net income of $30.98
million.
    * Wall Street's median 12-month price target for Ollie's
Bargain
Outlet Holdings Inc is $66.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 6
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data June
7 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Apr. 30 2023      0.47           0.49           Beat
 Jan. 31 2023      0.79           0.84           Beat
 Oct. 31 2022      0.41           0.37           Missed
 Jul. 31 2022      0.33           0.22           Missed