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Exploring Analyst Estimates for Ollie's Bargain Outlet (OLLI) Q2 Earnings, Beyond Revenue and EPS
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Wall Street analysts expect Ollie's Bargain Outlet (OLLI - Free Report) to post quarterly earnings of $1.14 per share in its upcoming report, which indicates a year-over-year increase of 15.2%. Revenues are expected to be $757.86 million, up 11.5% from the year-ago quarter.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
With that in mind, let's delve into the average projections of some Ollie's Bargain Outlet metrics that are commonly tracked and projected by analysts on Wall Street.
The average prediction of analysts places 'Store openings' at 15 . Compared to the present estimate, the company reported 29 in the same quarter last year.
It is projected by analysts that the 'Number of stores - end of period' will reach 687 . The estimate is in contrast to the year-ago figure of 613 .
The collective assessment of analysts points to an estimated 'Comparable store sales change' of 0.3%. The estimate compares to the year-ago value of 5.0%.
The consensus among analysts is that 'Number of stores - beginning of period' will reach 672 . Compared to the current estimate, the company reported 584 in the same quarter of the previous year.
Shares of Ollie's Bargain Outlet have experienced a change of -1.7% in the past month compared to the +4.3% move of the Zacks S&P 500 composite. With a Zacks Rank #4 (Sell), OLLI is expected to underperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Exploring Analyst Estimates for Ollie's Bargain Outlet (OLLI) Q2 Earnings, Beyond Revenue and EPS
Wall Street analysts expect Ollie's Bargain Outlet (OLLI - Free Report) to post quarterly earnings of $1.14 per share in its upcoming report, which indicates a year-over-year increase of 15.2%. Revenues are expected to be $757.86 million, up 11.5% from the year-ago quarter.
The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
With that in mind, let's delve into the average projections of some Ollie's Bargain Outlet metrics that are commonly tracked and projected by analysts on Wall Street.
The average prediction of analysts places 'Store openings' at 15 . Compared to the present estimate, the company reported 29 in the same quarter last year.
It is projected by analysts that the 'Number of stores - end of period' will reach 687 . The estimate is in contrast to the year-ago figure of 613 .
The collective assessment of analysts points to an estimated 'Comparable store sales change' of 0.3%. The estimate compares to the year-ago value of 5.0%.
The consensus among analysts is that 'Number of stores - beginning of period' will reach 672 . Compared to the current estimate, the company reported 584 in the same quarter of the previous year.
View all Key Company Metrics for Ollie's Bargain Outlet here>>>Shares of Ollie's Bargain Outlet have experienced a change of -1.7% in the past month compared to the +4.3% move of the Zacks S&P 500 composite. With a Zacks Rank #4 (Sell), OLLI is expected to underperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .