Hibbett Inc expected to post earnings of $2.55 a share - Earnings Preview

Hibbett

13/03/2024 12:41

* Hibbett Inc  HIBB.OQ   HIBB.O  is expected to show a rise
in
quarterly revenue when it reports  results on March 15 for the
period ending January 31 2024
    * The Birmingham Alabama-based  company is expected to
report a
4.2% increase in revenue to $477.487 million from $458.3 million
a year ago, according to the mean estimate from 7 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Hibbett Inc is for
earnings of
$2.55 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Hibbett Inc
is
$73.00​, below​ its last closing price of $74.87. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Oct. 31 2023  1.18        1.18       2.05      Beat    73.7
 Jul. 31 2023  0.58        0.74       0.85      Beat    15.6
 Apr. 30 2023  2.93        3.00       2.74      Missed  -8.7​
 Jan. 31 2023  2.94        2.94       2.91      Missed  -1.1
 ​​Oct.        2.54        2.51       1.94      Missed  -22.8
 31 2022                                                
 Jul. 31 2022  2.16        2.16       1.86      Missed  -13.8​
 Apr. 30 2022  3.18        3.09       2.89      Missed  -6.3
 Jan. 31 2022  1.23        1.35       1.25      Missed  -7.4
 This summary was machine generated March 13 at 12:41 GMT.  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)