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On Friday, August 28, Hibbett Sports (NASDAQ:HIBB) will release its latest earnings report. Here is Benzinga's outlook for the company.
Earnings and Revenue
Wall Street analysts see Hibbett Sports reporting earnings of $1.15 per share on revenue of $349.58 million. Hibbett Sports's loss in the same period a year ago was $0.13 per share. Quarterly sales came in at $252.44 million. If the company were to match the consensus estimate, earnings per share would be up 984.62%. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q1 2020 | Q4 2020 | Q3 2019 | Q2 2019 |
|---|---|---|---|---|
| EPS Estimate | 0.65 | 0.62 | 0.15 | -0.16 |
| EPS Actual | 0.31 | 0.51 | 0.32 | -0.13 |
| Revenue Estimate | 243.67 M | 303.63 M | 260.75 M | 255.86 M |
| Revenue Actual | 269.84 M | 313.02 M | 275.48 M | 252.44 M |
Stock Performance
Over the last 52-week period, shares are up 83.19%. Given that these returns are generally positive, long-term shareholders are probably happy going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. Hibbett Sports is scheduled to hold the call at 10:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/e4ek24uj
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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