Will Ollie's Bargain Outlet (OLLI) Beat Estimates Again in Its Next Earnings Report?

Core Insights - Ollie's Bargain Outlet (OLLI) is positioned to continue its earnings-beat streak, having a history of surpassing earnings estimates, particularly in the last two quarters with an average surprise of 7.97% [1][2] Earnings Performance - For the most recent quarter, Ollie's reported earnings of $0.99 per share against an expectation of $0.91, resulting in a surprise of 8.79%. In the previous quarter, the earnings were $0.75 per share compared to an estimate of $0.70, yielding a surprise of 7.14% [2] Earnings Estimates and Predictions - Recent estimates for Ollie's have been increasing, with a positive Zacks Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of another earnings beat. The current Earnings ESP stands at +6.54%, reflecting bullish sentiment among analysts [5][8] - The combination of a positive Earnings ESP and a Zacks Rank of 2 (Buy) suggests a high probability of exceeding earnings expectations [8] Statistical Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better achieve a positive surprise nearly 70% of the time, implying that out of 10 such stocks, approximately seven may beat consensus estimates [6][7] Importance of Earnings ESP - The Earnings ESP metric is crucial for predicting earnings performance, as it compares the Most Accurate Estimate to the Zacks Consensus Estimate. Analysts revising their estimates close to the earnings release often have the most current information, which can lead to more accurate predictions [7][10]