Benzinga | Nov 5, 2020 06:37AM EST

Hanesbrands Q3 Adj. EPS $0.42 Beats $0.39 Estimate, Sales $1.81B Beat $1.67B Estimate

Hanesbrands (NYSE:HBI) reported quarterly earnings of $0.42 per share which beat the analyst consensus estimate of $0.39 by 7.69 percent. This is a 22.22 percent decrease over earnings of $0.54 per share from the same period last year. The company reported quarterly sales of $1.81 billion which beat the analyst consensus estimate of $1.67 billion by 8.38 percent. This is a 3.05 percent decrease over sales of $1.87 billion the same period last year.