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

Ollie's Bargain Outlet Holdings

31/08/2023 14:31

* Ollie's Bargain Outlet Holdings Inc  OLLI.OQ  reported
quarterly
adjusted earnings of 67 cents​​ per share for the quarter ended
in July. The mean expectation of fifteen analysts for the
quarter was for earnings of 61 cents per share.
    * Revenue rose 13.7% to $514.51 million from a year ago;
analysts
expected $499.00 million. 
    * Ollie's Bargain Outlet Holdings Inc's reported EPS for the
quarter was 68 cents​.
    * The mean earnings estimate of analysts had risen by
about 0.5%
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 29.3%
this quarter and gained 59.9% so far this year.
    * The company reported quarterly net income of $42.18
million.
    * Wall Street's median 12-month price target for Ollie's
Bargain
Outlet Holdings Inc is $73.00 
    * 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
August 31 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2023      0.61           0.67           Beat
 Apr. 30 2023      0.47           0.49           Beat
 Jan. 31 2023      0.79           0.84           Beat
 Oct. 31 2022      0.41           0.37           Missed