Why Ollie’s Bargain Outlet Is Trading Higher Today
Ollie's Bargain Outlet Holdings Inc (NASDAQ: OLLI) is trading higher Friday after the company announced better-than-expected earnings results.
7 Stocks Moving In Thursday’s After-Hours Session
Gainers
Salesforce.com (NYSE: CRM) shares are trading higher after the company reported better-than-expected Q1 EPS and sales results. The company also issued Q2 EPS and sales guidance above estimates and raised FY22 EPS and sales guidance above estimates.
Ollie’s Bargain Outlet: Q1 Earnings Insights
Shares of Ollie's Bargain Outlet (NASDAQ:OLLI) rose in after-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share rose 63.27% year over year to $0.80, which beat the estimate of $0.63.
Earnings Scheduled For May 27, 2021
Companies Reporting Before The Bell
• Royal Bank of Canada (NYSE:RY) is likely to report quarterly earnings at $2.48 per share on revenue of $11.77 billion.
Morgan Stanley Maintains Equal-Weight on Ollie’s Bargain Outlet, Lowers Price Target to $65
Morgan Stanley maintains Ollie’s Bargain Outlet (NASDAQ:OLLI) with a Equal-Weight and lowers the price target from $70 to…