Benzinga | Aug 26, 2020 10:31AM EDT

Earnings Preview for Ollie's Bargain Outlet

Ollie's Bargain Outlet (NASDAQ: OLLI) will be releasing its next round of earnings this Thursday, August 27. For all of the relevant information, here is your guide for Thursday's Q2 earnings announcement.

Earnings and Revenue

Wall Street expects EPS of $0.9 and sales around $509.54 million. In the same quarter last year, Ollie's Bargain Outlet reported EPS of $0.35 on revenue of $333.87 million. If the company were to report in-line earnings when it publishes results Thursday, earnings would be up 157.14%. Revenue would be up 61.75% from the year-ago period. The company's reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019EPS Estimate 0.31 0.75 0.38 0.46EPS Actual 0.49 0.74 0.41 0.35Revenue Estimate 315.02 M 439.04 M 322.53 M 339.75 MRevenue Actual 349.36 M 422.43 M 327.05 M 333.87 M

Stock Performance

Over the last 52-week period, shares of Ollie's Bargain Outlet are up 94.94%.

Bearing these returns in mind, shareholders will probably be neutral going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Ollie's Bargain Outlet is scheduled to hold the call at 16:30:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/aqkx2m2t