Ollie's Bargain Outlet OLLI reported its Q2 earnings results on Thursday, September 1, 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 $0.22 versus an estimate of $0.33.
Revenue was up $36.60 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.1 which was followed by a 4.33% increase in the share price the next day.
Here's a look at Ollie's Bargain Outlet's past performance:
|Quarter||Q1 2022||Q4 2021||Q3 2021||Q2 2021|
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Ollie's Bargain Outlet management provided guidance for FY 2022, expecting earnings between $1.74 and $1.79 per share.
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.
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