Hibbett Sports Inc. Announces 11% Increase In Q3 Bottom Line

(RTTNews) - Hibbett Sports Inc. (HIBB) reported a profit for its third quarter that climbed from last year.

The company said its bottom line came in at $18.68 million, or $0.79 per share. This was up from $16.89 million, or $0.67 per share, in last year's third quarter.

Analysts had expected the company to earn $0.68 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 4.6% to $228.30 million. This was up from $218.32 million last year.

Hibbett Sports Inc. earnings at a glance:

-Earnings (Q3): $18.68 Mln. vs. $16.89 Mln. last year. -Earnings Growth (Y-o-Y): 10.6% -EPS (Q3): $0.79 vs. $0.67 last year. -EPS Growth (Y-o-Y): 17.9% -Analysts Estimate: $0.68 -Revenue (Q3): $228.30 Mln vs. $218.32 Mln last year. -Revenue Change (Y-o-Y): 4.6%

-Guidance: Full year EPS guidance: $2.87 - $2.94