Hibbett Q1 EPS $2.67 Misses $2.70 Estimate, Sales $447.16M Miss $453.42M Estimate
Portfolio Pulse from Benzinga Newsdesk
Hibbett (NASDAQ:HIBB) reported Q1 earnings per share (EPS) of $2.67, missing the estimate of $2.70. Quarterly sales were $447.16 million, also missing the estimate of $453.42 million. Both EPS and sales showed a decline compared to the same period last year.
June 05, 2024 | 10:34 am
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Hibbett reported Q1 EPS of $2.67, missing the $2.70 estimate, and sales of $447.16M, missing the $453.42M estimate. Both metrics declined year-over-year.
The missed earnings and sales estimates, along with the year-over-year decline, are likely to negatively impact Hibbett's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100