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Ollie's Bargain Outlet: Fiscal Q3 Earnings Snapshot
By AP News - Dec 10, 2024, 07:37 AM ET
Last Updated - Dec 10, 2024, 07:37 AM EST
HARRISBURG, Pa. (AP) — HARRISBURG, Pa. (AP) — Ollie's Bargain Outlet Holdings Inc. (OLLI) on Tuesday reported fiscal third-quarter net income of $35.9 million.
The Harrisburg, Pennsylvania-based company said it had profit of 58 cents per share.
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The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 57 cents per share.
The retailer posted revenue of $517.4 million in the period, which missed Street forecasts. Six analysts surveyed by Zacks expected $518.6 million.
Ollie's Bargain Outlet expects full-year earnings in the range of $3.22 to $3.30 per share, with revenue in the range of $2.27 billion to $2.28 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OLLI at https://www.zacks.com/ap/OLLI
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