Ollie's Bargain Outlet Holdings Inc reports results for the quarter ended October 31 - Earnings Summary

Ollie's Bargain Outlet Holdings

10/12/2024 14:32

* Ollie's Bargain Outlet Holdings Inc  OLLI.OQ  reported
quarterly
adjusted earnings of 57 cents​​ per share for the quarter ended
October 31, higher than the same quarter last year, when the
company reported EPS of 51 cents.  The mean expectation of
fifteen analysts for the quarter was for earnings of 57 cents
per share. Wall Street expected results to range from 54 cents
to 61 cents per share.
    * Revenue rose 7.8% to $517.43 million from a year ago;
analysts
expected $517.36 million. 
    * Ollie's Bargain Outlet Holdings Inc's reported EPS for the
quarter was 58 cents​.
    * The company reported quarterly net income of $35.88
million.
    * Ollie's Bargain Outlet Holdings Inc shares had risen
by 0.9%
this quarter and gained 29.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.2%
in the last three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the discount
stores
peer group is also "buy"

Wall Street's median 12-month price target for Ollie's Bargain
Outlet Holdings Inc is $109.00 
This summary was machine generated from LSEG data December 10 at
02:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Oct. 31 2024      0.57           0.57           Met
 Jul. 31 2024      0.78           0.78           Met
 Apr. 30 2024      0.65           0.73           Beat
 Jan. 31 2024      1.16           1.23           Beat