Market Overview

Ollie's Bargain Outlet's Q3 Earnings Preview

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Ollie's Bargain Outlet (NASDAQ: OLLI) announces its next round of earnings this Tuesday, December 10. Here is Benzinga's everything-that-matters guide for the Q3 earnings announcement.

Earnings and Revenue

Wall Street expects EPS of 38 cents and sales around $322.53 million.

Ollie's Bargain Outlet earnings in the same period a year ago was 32 cents. Quarterly sales came in at $283.61 million. The analyst consensus estimate would represent a 18.75% increase in the company's EPS figure. Sales would be up 13.72% from the year-ago period. The company's reported EPS has stacked up against analyst estimates in the past like this:

 

Quarter Q2 2019 Q1 2019 Q4 2018 Q3 2018
EPS Estimate 0.460 0.440 0.69 0.31
EPS Actual 0.350 0.460 0.71 0.32

Stock Performance

Over the last 52-week period, shares are down 16.5%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.

Analysts have adjusted their estimates higher for EPS and revenues over the past 90 days. The popular rating by analysts on Ollie's Bargain Outlet stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.

Conference Call

Don't be surprised to see the stock move on comments made during its conference call. Ollie's Bargain Outlet is scheduled to hold the call at 4:30 p.m. ET and can be accessed here: https://edge.media-server.com/mmc/p/zgwcyf8f

Posted-In: Earnings News

 

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