Ollie’s Bargain Outlet (NASDAQ:OLLI) reported its Q3 earnings results on Thursday, December 2, 2021 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Ollie’s Bargain Outlet missed estimated earnings by 27.66%, reporting an EPS of $0.34 versus an estimate of $0.47, which surprised analysts.
Revenue was up $30,895,000.00 from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.03, which was followed by a 6.69% drop in the share price the next day.
Here’s a look at Ollie’s Bargain Outlet’s past performance:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.55 | 0.63 | 0.85 | 0.58 |
| EPS Actual | 0.52 | 0.80 | 0.97 | 0.65 |
| Revenue Estimate | 435.75M | 422.07M | 488.37M | 406.06M |
| Revenue Actual | 415.88M | 452.49M | 515.76M | 414.38M |
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This article was generated by Benzinga’s automated content engine and reviewed by an editor.
