Hibbett Inc reports results for the quarter ended in January - Earnings Summary

Hibbett

03/03/2023 14:32

* Hibbett Inc  HIBB.OQ  reported quarterly adjusted earnings
of
$2.91​​ per share for the quarter ended in January. The mean
expectation of six analysts for the quarter was for earnings of
$2.94 per share.
    * Revenue rose 19.6% to $458.30 million from a year ago;
analysts
expected $476.57 million. 
    * Hibbett Inc's reported EPS for the quarter was $2.91​.
    * The mean earnings estimate of analysts had fallen by
about 1.6%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Hibbett Inc shares had risen by 3.4% this quarter.
    * The company reported quarterly net income of $38.42
million.
    * Wall Street's median 12-month price target for Hibbett Inc
is
$80.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data March 3
at 02:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jan. 31 2023      2.94           2.91           Missed
 Oct. 31 2022      2.51           1.94           Missed
 Jul. 31 2022      2.16           1.86           Missed
 Apr. 30 2022      3.09           2.89           Missed