Hibbett Inc expected to post earnings of $2.63 a share - Earnings Preview

Hibbett

22/05/2024 13:34

* Hibbett Inc  HIBB.OQ   HIBB.O  is expected to show a fall
in
quarterly revenue when it reports  results on May 24 (estimated)
for the period ending April 30 2024
    * The Birmingham Alabama-based  company is expected to
report a
0.3% decrease in revenue to $453.908 million from $455.5 million
a year ago, according to the mean estimate from 6 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Hibbett Inc is for
earnings of
$2.63 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.6%
in the last three months. ​
    * Wall Street's median 12-month price target for Hibbett Inc
is
$82.00​, below​ its last closing price of $86.34. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 31 2024  2.57        2.56       2.55      Missed  -0.3
 Oct. 31 2024  1.18        1.18       2.05      Beat    73.7
 Jul. 31 2023  0.58        0.74       0.85      Beat    15.6​
 Jan. 1 0001   2.93        3.00       2.74      Missed  -8.7
 ​​Jan.        2.94        2.94       2.91      Missed  -1.1
 31 2023                                                
 Oct. 31 2022  2.54        2.51       1.94      Missed  -22.8​
 Jul. 31 2022  2.16        2.16       1.86      Missed  -13.8
 Apr. 30 2022  3.18        3.09       2.89      Missed  -6.3
 This summary was machine generated May 22 at 12:34 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)