Hanesbrands (NYSE:HBI) reported its Q1 earnings results on Wednesday, May 3, 2023 at 07:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Hanesbrands beat estimated earnings by 14.29%, reporting an EPS of $-0.06 versus an estimate of $-0.07.
Revenue was down $187.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.0 which was followed by a 4.3% increase in the share price the next day.
Here’s a look at Hanesbrands’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.07 | 0.27 | 0.33 | 0.28 |
| EPS Actual | 0.07 | 0.29 | 0.28 | 0.34 |
| Revenue Estimate | 1.46B | 1.71B | 1.69B | 1.54B |
| Revenue Actual | 1.47B | 1.67B | 1.51B | 1.58B |
To track all earnings releases for Hanesbrands visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
