Hibbett Inc expected to post earnings of $3.09 a share - Earnings Preview

Hibbett

25/05/2022 13:36

* Hibbett Inc  HIBB.OQ   HIBB.O  is expected to show a fall
in
quarterly revenue when it reports  results on May 27. 
    * The Birmingham Alabama-based  company is expected to
report  a
15.6% decrease in revenue to $427.66 million from $506.86
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Hibbett Inc is for
earnings of $3.09 per share. For the same quarter last year, the
company reported earnings of $5.00 per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "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
$74​, above​ its last closing price of $41.57. ​​​
    * 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 2022  1.23        1.35       1.25      Missed  -7.4
 Oct. 31 2022  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
 ​​Jan.        1.37        1.37       1.40      Beat    2.2
 31 2021                                                
 Oct. 31 2020  0.44        0.45       1.45      Beat    224.5​
 Jul. 31 2020  1.60        1.15       2.95      Beat    157.2
 Apr. 30 2020  0.07        0.19       0.31      Beat    65.3
 This summary was machine generated May 25 at 12:36 GMT.  All
figures in US dollars  unless otherwise stated