Ollie's Bargain Outlet Q1 Adj EPS $0.49 Beats $0.48 Estimate, Sales $459.15M Beat $451.35M Estimate
Portfolio Pulse from Benzinga Newsdesk
Ollie's Bargain Outlet reported Q1 adjusted earnings of $0.49 per share, beating the analyst consensus estimate of $0.48 by 2.08%. Sales reached $459.15M, surpassing the estimate of $451.35M by 1.73%. This represents a 145% increase in earnings and a 12.91% increase in sales compared to the same period last year.
June 07, 2023 | 11:31 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Ollie's Bargain Outlet's Q1 earnings and sales beat analyst estimates, with a 145% increase in earnings and a 12.91% increase in sales compared to last year.
Ollie's Bargain Outlet's Q1 earnings and sales both exceeded analyst estimates, with significant increases compared to the same period last year. This positive financial performance is likely to have a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100