Benzinga | Aug 27, 2020 10:28AM EDT

Earnings Preview: Hibbett Sports

On Friday, August 28, Hibbett Sports (NASDAQ:HIBB) will release its latest earnings report. Here is Benzinga's outlook for the company.

Earnings and Revenue

Wall Street analysts see Hibbett Sports reporting earnings of $1.15 per share on revenue of $349.58 million. Hibbett Sports's loss in the same period a year ago was $0.13 per share. Quarterly sales came in at $252.44 million. If the company were to match the consensus estimate, earnings per share would be up 984.62%. Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019EPS Estimate 0.65 0.62 0.15 -0.16EPS Actual 0.31 0.51 0.32 -0.13Revenue Estimate 243.67 M 303.63 M 260.75 M 255.86 MRevenue Actual 269.84 M 313.02 M 275.48 M 252.44 M

Stock Performance

Over the last 52-week period, shares are up 83.19%. Given that these returns are generally positive, long-term shareholders are probably happy going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Hibbett Sports is scheduled to hold the call at 10:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/e4ek24uj