Recap: Ollie's Bargain Outlet Q1 Earnings - Ollie's Bargain Outlet (NASDAQ:OLLI)

Ollie's Bargain Outlet OLLI reported its Q1 earnings results on Wednesday, June 8, 2022 at 07:30 AM.

Here's what investors need to know about the announcement.

Ollie's Bargain Outlet missed estimated earnings by 33.33%, reporting an EPS of $0.2 versus an estimate of $0.3.

Revenue was down $45.83 million from the same period last year.

Last quarter the company beat on EPS by $0.03 which was followed by a 5.88% increase in the share price the next day.

Here's a look at Ollie's Bargain Outlet's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.66	0.47	0.55	0.63
EPS Actual	0.69	0.34	0.52	0.80
Revenue Estimate	513.13M	415.12M	435.75M	422.07M
Revenue Actual	501.13M	383.49M	415.88M	452.49M

To track all earnings releases for Ollie's Bargain Outlet visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.