Hanesbrands Q3 Earnings on the Horizon: Key Insights for Investors

Hanesbrands (HBI) is likely to register year-over-year bottom-line growth when it reports third-quarter 2024 earnings on Nov. 7, before market open. The Zacks Consensus Estimate for earnings has declined a penny in the past 30 days to 11 cents per share, suggesting an increase of 10% from the prior-year reported figure.The consensus estimate for quarterly revenues is pegged at $928.3 million, indicating a drop of 38.6% from the year-ago quarter’s reported figure.HBI has a trailing four-quarter earnings surp ...