Benzinga | Dec 2, 2021 10:23AM EST

Earnings Outlook For Hibbett Sports

Hibbett Sports (NASDAQ:HIBB) is set to give its latest quarterly earnings report on Friday, 2021-12-03. Here's what investors need to know before the announcement.

Analysts estimate that Hibbett Sports will likely report an Earnings Per Share (EPS) of $1.53.

Hibbett Sports bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

Last quarter the company beat EPS by $1.44, which was followed by a 0.0% drop in the share price the next day.

Here's a look at Hibbett Sports's past performance and the resulting price change:

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021EPS Estimate 1.42 2.77 1.37 0.45EPS Actual 2.86 5 1.40 1.45Price Change % -9.23% -2.93% -3.93% 1.21%

Stock Performance

Shares of Hibbett Sports were trading at $77.31 as of December 01. Over the last 52-week period, shares are up 57.33%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

If you want to track all upcoming earnings announcements, check out our Earnings Calendar here