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

Hibbett

25/08/2022 14:32

* Hibbett Inc  HIBB.OQ  reported quarterly adjusted earnings
of
$1.86​​ per share for the quarter ended in July. The mean
expectation of seven analysts for the quarter was for earnings
of $2.16 per share.
    * Revenue fell 6.3% to $392.81 million from a year ago;
analysts
expected $394.78 million. 
    * Hibbett Inc's reported EPS for the quarter was $1.86​.
    * The mean earnings estimate of analysts had fallen by
about 0.6%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Hibbett Inc shares had risen by 31.2% this quarter and
lost 20.3% so far this year.
    * The company reported quarterly net income of $24.71
million.
    * Wall Street's median 12-month price target for Hibbett Inc
is
$71.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 25
at 01:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2022      2.16           1.86           Missed
 Apr. 30 2022      3.09           2.89           Missed
 Jan. 31 2022      1.35           1.25           Missed
 Oct. 31 2021      1.57           1.68           Beat