Hanesbrands (NYSE:HBI – Get Free Report) updated its first quarter 2025 earnings guidance on Thursday. The company provided EPS guidance of 0.020-0.020 for the period, compared to the consensus EPS estimate of 0.030. The company issued revenue guidance of $750.0 million-$750.0 million, compared to the consensus revenue estimate of $785.3 million. Hanesbrands also updated its FY 2025 guidance to 0.510-0.550 EPS.
Wall Street Analyst Weigh In
Several brokerages have recently issued reports on HBI. Barclays raised their price target on Hanesbrands from $6.00 to $7.00 and gave the company an “equal weight” rating in a research report on Monday, November 11th. UBS Group raised Hanesbrands from a “neutral” rating to a “buy” rating and raised their price target for the company from $9.00 to $11.00 in a research report on Tuesday, November 26th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to MarketBeat, Hanesbrands has an average rating of “Hold” and an average price target of $6.90.
View Our Latest Stock Report on Hanesbrands
Hanesbrands Stock Performance
Hanesbrands (NYSE:HBI – Get Free Report) last released its earnings results on Thursday, February 13th. The textile maker reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.14 by $0.03. Hanesbrands had a positive return on equity of 44.72% and a negative net margin of 5.24%. As a group, sell-side analysts anticipate that Hanesbrands will post 0.39 earnings per share for the current year.
Hanesbrands Company Profile
Hanesbrands Inc, a consumer goods company, designs, manufactures, sources, and sells a range of range of innerwear apparels for men, women, and children in the Americas, Europe, the Asia pacific, and internationally. The company operates through three segments: Innerwear, Activewear, and International.
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