Ollie's Bargain Outlet Q1 Adj EPS $0.73 Beats $0.65 Estimate, Sales $508.82M Beat $505.79M Estimate
Portfolio Pulse from Benzinga Newsdesk
Ollie's Bargain Outlet (NASDAQ:OLLI) reported Q1 adjusted earnings per share (EPS) of $0.73, surpassing the analyst estimate of $0.65. The company also reported sales of $508.82 million, beating the estimate of $505.79 million. Both EPS and sales showed significant year-over-year growth.
June 05, 2024 | 11:32 am
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Ollie's Bargain Outlet reported Q1 adjusted EPS of $0.73, beating the estimate of $0.65, and sales of $508.82 million, surpassing the estimate of $505.79 million. Both metrics showed significant year-over-year growth.
The company's strong performance in both earnings and sales, beating analyst estimates and showing significant year-over-year growth, is likely to positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100