• Ollie's Bargain Outlet Holdings Inc OLLI.OQ reported quarterly adjusted earnings of 57 cents​​ per share for the quarter ended October 31, higher than the same quarter last year, when the company reported EPS of 51 cents. The mean expectation of fifteen analysts for the quarter was for earnings of 57 cents per share. Wall Street expected results to range from 54 cents to 61 cents per share.

• Revenue rose 7.8% to $517.43 million from a year ago; analysts expected $517.36 million.

• Ollie's Bargain Outlet Holdings Inc's reported EPS for the quarter was 58 cents​.

• The company reported quarterly net income of $35.88 million.

• Ollie's Bargain Outlet Holdings Inc shares had risen by 0.9% this quarter and gained 29.2% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.2% in the last three months.​

• In the last 30 days, four analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 3 "hold" and 1 "sell" or "strong sell."

• The average consensus recommendation for the discount stores peer group is also "buy"

Wall Street's median 12-month price target for Ollie's Bargain Outlet Holdings Inc is $109.00

This summary was machine generated from LSEG data December 10 at 02:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)