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Stock impact report

Hanesbrands (HBI) Q4 Earnings Coming Up: What to Expect? [Yahoo! Finance]

Hanesbrands Inc. (HBI) 
Last hanesbrands inc. earnings: 4/30 06:30 am Check Earnings Report
US:NYSE Investor Relations: ir.hanesbrands.com
Company Research Source: Yahoo! Finance
The consensus mark for quarterly earnings has remained unchanged in the past 30 days at 9 cents per share, which indicates an increase of 28.6% from the year-ago quarter's reported figure. HBI has a trailing four-quarter earnings surprise of 7.1%, on average. The Zacks Consensus Estimate for revenues is pegged at $1.3 billion, suggesting a decrease of 7.6% from the prior-year quarter's reported figure. Factors to Consider Hanesbrands has been witnessing a difficult tough market due to volatile consumer spending patterns. This caused a net sales decline in the third quarter of 2023. The downside was caused by decreases in U.S. Activewear and a persistent macro-driven slowdown in consumer spending affecting Australia. Considering the challenging apparel market, mainly in Australia, and softness in the U.S. activewear category, management lowered its 2023 view on its last earnings call. This raises concerns for the quarter to be reported. Our model suggests Activewear and Interna Show less Read more
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