Hibbett Sports, Inc. (NASDAQ:HIBB) is reporting third quarter earnings results on Friday 20th November 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 0.45 per share from $ 286.42 million in revenue.
For the full year, analysts predict revenues of $ 1327.85 million, while looking forward to income of $ 4.30 per share.
Previous Quarter Performance
Hibbett Sports, Inc. unfold income for the second quarter of $ 2.95 per share, from the revenue of $ 441.61 million. Street analysts expected Hibbett Sports, Inc. to report income of $ 1.15 per share on revenue of $ 349.58 million for the second quarter. The bottom line results beat street analysts by $ 1.8 or 156.52 percent, at the same time, top line results outshined analysts by $ 92.03 million or 26.33 percent.
Stock Performance
Shares of Hibbett Sports, Inc. traded up $ 1.83 or 4.54 percent on Thursday, reaching $ 42.13 with volume of 802.20 thousand shares. Hibbett Sports, Inc. has traded high as $ 42.26 and has cracked $ 39.91 on the downward trend
According to the previous trading day, closing price of $ 42.13, representing a 449.80 % increase from the 52 week low of $ 7.33 and a 27.98 % decrease over the 52 week high of $ 55.96.
The company has a market capital of $ 696.98 million and is part of the Consumer Cyclical sector and Specialty Retail industry.
Conference Call
Hibbett Sports, Inc. will be hosting a conference call at 10:00 AM eastern time on 20th November 2020, to discuss its 3Q21 financial results with the investment community. The participants may dial, (212) 231-2939 in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website www.hibbett.com
Hibbett Sports, Inc., together with its subsidiaries, engages in the retail of athletic-inspired fashion products through its stores. Its stores offer a range of merchandise, including athletic footwear, athletic and fashion apparel, sports equipment, and related accessories. The company also operates hibbett.com and citygear.com e-commerce Websites.
