Hibbett Inc expected to post earnings of 83  cents a share - Earnings Preview

Hibbett

21/08/2023 14:09

* Hibbett Inc  HIBB.OQ   HIBB.O  is expected to show a fall
in
quarterly revenue when it reports  results on August 23
(estimated). 
    * The Birmingham Alabama-based  company is expected to
report  a
3.9% decrease in revenue to $377.356 million from $392.81
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Hibbett Inc is for
earnings of 83 cents 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 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 2.6%
in the last three months. ​
    * Wall Street's median 12-month price target for Hibbett Inc
is
$55​, above​ its last closing price of $43.73. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2022  2.54        2.51       1.94      Missed  -22.8​
 Jul. 31 2022  2.16        2.16       1.86      Missed  -13.8
 ​​Apr.        3.18        3.09       2.89      Missed  -6.3
 30 2022                                                
 Jan. 31 2022  1.23        1.35       1.25      Missed  -7.4​
 Oct. 31 2021  1.65        1.57       1.68      Beat    7.2
 Jul. 31 2021  1.47        1.44       2.86      Beat    98.4
 This summary was machine generated August 21 at 13:09 GMT.  All
figures in US dollars  unless otherwise stated