Top Wall Street Forecasters Revamp Ollie's Bargain Outlet Price Expectations Ahead Of Q4 Earnings

Financial Results - Ollie's Bargain Outlet is set to release its fourth-quarter financial results on March 19, with expected earnings of $1.19 per share, a decrease from $1.23 per share in the same period last year [1] - The company projects quarterly revenue of $674.52 million, an increase from $648.95 million a year earlier [1] Leadership Changes - On February 3, Ollie's Bargain Outlet announced the appointment of Eric van der Valk as President & Chief Executive Officer [2] Stock Performance - Ollie's Bargain Outlet shares fell 4.1% to close at $99.06 [3] Analyst Ratings - RBC Capital analyst Steven Shemesh maintained an Outperform rating and raised the price target from $130 to $133 [5] - Wells Fargo analyst Edward Kelly maintained an Equal-Weight rating and increased the price target from $95 to $105 [5] - JP Morgan analyst Matthew Boss maintained an Overweight rating and boosted the price target from $105 to $135 [5] - Craig-Hallum analyst Jeremy Hamblin maintained a Buy rating and increased the price target from $107 to $130 [5] - Truist Securities analyst Scot Ciccarelli maintained a Buy rating and raised the price target from $109 to $121 [5]