Benzinga | Dec 2, 2021 04:33PM EST

Ollie's Bargain Outlet: Q3 Earnings Insights

Ollie's Bargain Outlet (NASDAQ:OLLI) reported its Q3 earnings results on Thursday, December 2, 2021 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Ollie's Bargain Outlet missed estimated earnings by 27.66%, reporting an EPS of $0.34 versus an estimate of $0.47, which surprised analysts.

Revenue was up $30,895,000.00 from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.03, which was followed by a 6.69% drop in the share price the next day.

Here's a look at Ollie's Bargain Outlet's past performance:



Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020EPS Estimate 0.55 0.63 0.85 0.58EPS Actual 0.52 0.80 0.97 0.65Revenue Estimate 435.75M 422.07M 488.37M 406.06MRevenue Actual 415.88M 452.49M 515.76M 414.38M

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This article was generated by Benzinga's automated content engine and reviewed by an editor.