Hanesbrands (HBI) to Report Q1 Earnings: Key Factors to Note

Hanesbrands Inc. (HBI) is set to report first-quarter 2024 earnings on Mar 9. The consensus mark is pegged at a loss of 6 cents per share, unchanged in the past 30 days. It incurred a loss of 6 cents in the prior-year quarter.The Zacks Consensus Estimate for revenues is pegged at $1.2 billion, suggesting a decrease of 15.6% from the year-ago quarter’s reported figure.HBI has a trailing four-quarter negative earnings surprise of 6.4%, on average. In the last reported quarter, the company posted a negative ea ...