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

Hibbett

25/08/2023 14:31

* Hibbett Inc  HIBB.OQ  reported quarterly adjusted earnings
of 85
cents​​ per share for the quarter ended in July. The mean
expectation of eight analysts for the quarter was for earnings
of 74 cents per share.
    * Revenue fell 4.6% to $374.88 million from a year ago;
analysts
expected $376.11 million. 
    * Hibbett Inc's reported EPS for the quarter was 85 cents​.
    * The mean earnings estimate of analysts had fallen by
about 36.2%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Hibbett Inc shares had risen by 1.6% this quarter and
lost 46.0%
so far this year.
    * The company reported quarterly net income of $10.9
million.
    * Wall Street's median 12-month price target for Hibbett Inc
is
$55.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 25 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jul. 31 2023      0.74           0.85           Beat
 Apr. 30 2023      3.00           2.74           Missed
 Jan. 31 2023      2.94           2.91           Missed
 Oct. 31 2022      2.51           1.94           Missed