Earnings Preview For Ollie's Bargain Outlet
Portfolio Pulse from Benzinga Insights
Ollie's Bargain Outlet (NASDAQ:OLLI) is scheduled to release its quarterly earnings report on March 20, 2024. Analysts predict an EPS of $1.15. The company's past earnings performance shows a pattern of beating EPS estimates but experiencing a drop in share price the following day. Shares are currently trading at $75.0, with a 27.98% increase over the last 52 weeks. Investors are looking forward to not only the earnings results but also the company's guidance for future growth.
March 19, 2024 | 2:01 pm
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Ollie's Bargain Outlet is anticipated to report an EPS of $1.15 for the upcoming quarter. Historical data suggests a pattern of beating EPS estimates but facing subsequent share price declines. Currently, shares have risen 27.98% over the past year.
While OLLI has a history of surpassing EPS estimates, this has previously led to short-term share price declines. However, the overall positive yearly performance and anticipation of future guidance may mitigate negative impacts. The score is neutral due to the mixed historical price reactions post-earnings.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100