Ollie's Bargain Outlet Holdings (NASDAQ: OLLI) has announced that it will be unveiling its second quarter financial results on Thursday 29th August 2024. The disclosure is planned to occur before market open.
According to the forecasts of financial experts on Wall Street, the business is poised to announce an anticipated per share $0.78 profit for the quarter. Furthermore, the firm is expected to disclose a total revenue of $560.92 million for this specific period.
Analysts on Wall Street have shared their predictions regarding the annual performance of the company, estimating a total revenue of $2.27 billion. Additionally, they are expecting the company to achieve per share profit of $3.27 for the fiscal year.
In the corresponding quarter of the previous year, the company's earnings report unveiled a per-share income of $0.67. Notably, the company's total revenue reached an impressive $514.51 million during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q1 2024 | $0.73 | +49.0% | 508.82 M | +10.8% |
| Q4 2023 | $1.23 | +46.4% | 648.95 M | +18.0% |
| Q3 2023 | $0.51 | +37.8% | 480.05 M | +14.8% |
| Q2 2023 | $0.67 | +204.5% | 514.51 M | +13.7% |
*Growth on year-over-year basis
The business has scheduled a conference call on 29th August 2024 at 08:30 AM eastern time to discuss Q2 financial results.
The previous trading day saw Ollie's Bargain Outlet (OLLI) shares trading between $94.43 and $97.42, besides a volume of 1.16 million shares. The stock closed Tuesday's regular trading session at $95.03, demonstrating 2.73 percent decline.
