Hanesbrands Earnings Preview: Can This Streak Continue?

Hanesbrands (NYSE:HBI) will report earnings after markets close on Tuesday, April 23rd. Hanesbrands, Inc. manufactures men’s, women’s, and children’s clothing. The Company produces underwear, T-shirts, socks, sweatshirts, sleepwear, and shoes.

Here is your Cheat Sheet to Hanesbrands Earnings:

Earnings Expectations: Analysts expect earnings of $0.50 per share on revenues of $944.96 million. Currently, the company’s P/E ratio stands at 27.84.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.91 to a profit $0.9. For the current year, the average estimate is a profit of $3.43, which is better than the estimate ninety days ago.

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Earnings Trends:

Here’s how Hanesbrands has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 4,249 3,891 4,146 4,434 4,526
Diluted EPS ($) 1.34 0.54 2.16 2.69 1.64

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 1,045 1,008 1,181 1,219 1,118
Diluted EPS ($) 0.42 -0.27 0.01 1.09 0.81

Past Performance:
Hanesbrands has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!

(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)