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.
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 $3.43, which is better than the estimate ninety days ago.
Here’s how Hanesbrands has been performing on an annual basis:
|Revenue ($) 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|
Hanesbrands has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)