HanesBrands Inc reports results for the quarter ended December 31 - Earnings Summary

Hanesbrands

13/02/2025 14:32

* HanesBrands Inc  HBI.N  reported quarterly adjusted
earnings of
17 cents​​ per share for the quarter ended December 31, higher
than the same quarter last year, when the company reported EPS
of 3 cents.  The mean expectation of six analysts for the
quarter was for earnings of 14 cents per share. Wall Street
expected results to range from 14 cents to 15 cents per share.
    * Revenue fell 31.5% to $888.47 million from a year ago;
analysts
expected $950.27 million. 
    * HanesBrands Inc's reported EPS for the quarter was a loss
of 4
cents​.
    * The company reported a quarterly loss of $12.88 million.
    * HanesBrands Inc shares had fallen by 5.8% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the apparel &
accessories peer group is also "hold"

Wall Street's median 12-month price target for HanesBrands Inc
is $8.00 
This summary was machine generated from LSEG data February 13 at
02:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.14           0.17           Beat
 Sep. 30 2024      0.12           0.15           Beat
 Jun. 30 2024      0.10           0.15           Beat
 Mar. 31 2024      -0.07          -0.02          Beat