Hibbett: Q2 Earnings Insights


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


 

Hibbett (NASDAQ:HIBB) reported its Q2 earnings results on Thursday, August 25, 2022 at 06:30 AM.

Here's what investors need to know about the announcement.

Earnings

Hibbett missed estimated earnings by 14.68%, reporting an EPS of $1.86 versus an estimate of $2.18.

Revenue was down $26.45 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.19 which was followed by a 2.74% increase in the share price the next day.

Here's a look at Hibbett's past performance:

 

Quarter Q1 2023 Q4 2022 Q3 2022 Q2 2022
EPS Estimate 3.08 1.35 1.57 1.42
EPS Actual 2.89 1.25 1.68 2.86
Revenue Estimate 427.66M 383.72M 360.63M 320.89M
Revenue Actual 424.05M 383.35M 381.72M 419.26M

To track all earnings releases for Hibbett visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: EarningsBZI-Recaps