Hanesbrands (NYSE:HBI) reported its Q1 earnings results on Thursday, May 5, 2022 at 06:00 AM.
Here's what investors need to know about the announcement.
Earnings
Hanesbrands beat estimated earnings by 21.43%, reporting an EPS of $0.34 versus an estimate of $0.28.
Revenue was up $76.00 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 0.77% increase in the share price the next day.
Here's a look at Hanesbrands's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.44 | 0.47 | 0.39 | 0.26 |
| EPS Actual | 0.44 | 0.53 | 0.47 | 0.39 |
| Revenue Estimate | 1.75B | 1.80B | 1.59B | 1.50B |
| Revenue Actual | 1.75B | 1.79B | 1.75B | 1.50B |
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.
