Hanesbrands (NYSE:HBI) reported its Q1 earnings results on Wednesday, May 3, 2023 at 07:00 AM.

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

Earnings

Hanesbrands beat estimated earnings by 14.29%, reporting an EPS of $-0.06 versus an estimate of $-0.07.

Revenue was down $187.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.0 which was followed by a 4.3% increase in the share price the next day.

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

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

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