Hibbett Inc expected to post earnings of $3.04 a share - Earnings Preview

Hibbett

24/05/2023 13:36

* Hibbett Inc  HIBB.OQ   HIBB.O  is expected to show a rise
in
quarterly revenue when it reports  results on May 26. 
    * The Birmingham Alabama-based  company is expected to
report  a
8.6% increase in revenue to $460.401 million from $424.05
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Hibbett Inc is for
earnings of $3.04 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 no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 1.6%
in the last three months. ​
    * Wall Street's median 12-month price target for Hibbett Inc
is
$80​, above​ its last closing price of $46.28. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jan. 31 2023  2.94        2.94       2.91      Missed  -1.1
 Oct. 31 2023  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
 ​​Jan.        1.23        1.35       1.25      Missed  -7.4
 31 2022                                                
 Oct. 31 2021  1.65        1.57       1.68      Beat    7.2​
 Jul. 31 2021  1.47        1.44       2.86      Beat    98.4
 Apr. 30 2021  2.84        2.77       5.00      Beat    80.3
 This summary was machine generated May 24 at 12:35 GMT.  All
figures in US dollars  unless otherwise stated