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Market Overview

Earnings Preview for Ollie's Bargain Outlet


Ollie's Bargain Outlet (NASDAQ:OLLI) will be releasing its next round of earnings this Thursday, December 03. For all of the relevant information, here is your guide for Thursday's Q3 earnings announcement.

What Are Earnings, Net Income, And Earnings Per Share?

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Wall Street expects EPS of $0.58 and sales around $404.16 million. Ollie's Bargain Outlet EPS in the same period a year ago totaled $0.41. Sales were $327.05 million.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

If the company were to report earnings in line when it publishes results Thursday, earnings would be up 41.46%. Sales would be up 23.58% on a year-over-year basis. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q2 2020 Q1 2020 Q4 2020 Q3 2019
EPS Estimate 0.90 0.31 0.75 0.38
EPS Actual 1.04 0.49 0.74 0.41
Revenue Estimate 513.97 M 315.02 M 439.04 M 322.53 M
Revenue Actual 529.31 M 349.36 M 422.43 M 327.05 M

Stock Performance

Over the last 52-week period, shares are up 44.78%. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Do not 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 16:30:00 ET and can be accessed here.


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Posted-In: Earnings