Ollie's Bargain Outlet (NASDAQ: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.
Earnings
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.
Past Earnings Performance
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.
