Ollie's Bargain Outlet: Fiscal Q2 Earnings Snapshot

HARRISBURG, Pa. (AP) — HARRISBURG, Pa. (AP) — Ollie's Bargain Outlet Holdings Inc. (OLLI) on Wednesday reported fiscal second-quarter earnings of $85.5 million.

The Harrisburg, Pennsylvania-based company said it had profit of $1.42 per share.

The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.14 per share.

The retailer posted revenue of $741.3 million in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $752.9 million.

Ollie's Bargain Outlet expects full-year earnings in the range of $4.57 to $4.65 per share, with revenue in the range of $2.93 billion to $2.94 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