HanesBrands (HBI) Q2 Earnings Surpass Estimates

HanesBrands (HBI) came out with quarterly earnings of $0.15 per share, beating the Zacks Consensus Estimate of$ 0.10 per share. This compares to loss of $0.01 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 50%. A quarter ago, it was expected that this underwear, T-shirt and sock maker would post a loss of$ 0.06 per share when it actually produced a loss of $0.02, delivering a surprise of 66.67%. Over the last four quarters, t ...