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OLLI
Benzinga
153 days

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

1. OLLI to report Q4 results on March 19, guided EPS at $1.19. 2. Revenue expected at $674.52 million, showing positive growth year-over-year. 3. New CEO Eric van der Valk appointed, signaling leadership change. 4. Shares decline 4.1%; trading at $99.06 amidst market volatility. 5. Analysts maintain bullish price targets despite lower earnings forecast.

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FAQ

Why Bullish?

While the earnings per share are expected to drop slightly, projected revenue growth indicates underlying company strength. Historical responses to new leadership changes often saw positive market reactions.

How important is it?

Current financial projections and fresh leadership could influence investor sentiment and competitive positioning, impacting share prices significantly.

Why Short Term?

The upcoming earnings report and the CEO transition are immediate factors. Initial reactions will likely reflect these significant developments.

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