Hanesbrands Inc. Profit Rises 6% In Q3

(RTTNews) - Hanesbrands Inc. (HBI) announced earnings for its third quarter that climbed from last year.

The company said its bottom line came in at $213.36 million, or $0.56 per share. This was up from $201.52 million, or $0.50 per share, in last year's third quarter.

Analysts had expected the company to earn $0.56 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 10.7% to $1.76 billion. This was up from $1.59 billion last year.

Hanesbrands Inc. earnings at a glance:

-Earnings (Q3): $213.36 Mln. vs. $201.52 Mln. last year. -Earnings Growth (Y-o-Y): 5.9% -EPS (Q3): $0.56 vs. $0.50 last year. -EPS Growth (Y-o-Y): 12.0% -Analysts Estimate: $0.56 -Revenue (Q3): $1.76 Bln vs. $1.59 Bln last year. -Revenue Change (Y-o-Y): 10.7%

-Guidance: Next quarter EPS guidance: $0.57 - $0.60 Next quarter revenue guidance: $1.7 - $1.73 Bln Full year EPS guidance: $1.89 - $1.92 Full year revenue guidance: $6.15 - $6.18 Bln