HomeMost PopularAnalysing Hibbett's Q4 Earnings and Revenue Performance

Analysing Hibbett’s Q4 Earnings and Revenue Performance

Actionable Trade Ideas

always free

Disappointing Earnings

Hibbett recently reported quarterly earnings of $2.55 per share, falling short of the Zacks Consensus Estimate of $2.56 per share. This is lower than the $2.91 per share earnings from the previous year.

These results marked an earnings surprise of -0.39%. The previous quarter saw Hibbett surpass earnings expectations by a significant 81.42%.

Revenue Challenges

Although revenues for the quarter stood at $466.59 million, they missed the Zacks Consensus Estimate by 2.10%. This figure is an improvement from the year-ago revenue of $458.3 million. The company has exceeded revenue expectations twice in the last four quarters.

Future Prospects

Investors ponder on Hibbett’s future trajectory given the recent performance. The company’s earnings outlook, reflecting current consensus estimates for upcoming quarters and any fluctuations, plays a crucial role in guiding investor sentiment.

The current status indicates a Zacks Rank #3 (Hold) for the stock, suggesting a market-aligned performance in the near term.

Anticipating changes in estimates and industry dynamics will be key for investors monitoring Hibbett and related stock movements.

Industry Comparison

Comparing against industry peers like The Children’s Place, Hibbett’s performance is under scrutiny. The Children’s Place is poised to announce its results for the last quarter, with projected improvements in losses and stable revenues.

Investors should remain vigilant of industry trends, as industry outlook significantly influences individual stock performance.

Swing Trading Ideas and Market Commentary

Need some new swing ideas? Get free weekly swing ideas and market commentary from Jonathan Bernstein here: Swing Trading.

Explore More

Weekly In-Depth Market Analysis and Actionable Trade Ideas

Get institutional-level analysis and trade ideas to take your trading to the next level, sign up for free and become apart of the community.