Gap GAP released its Q3 earnings on Thursday, November 21, 2024 at 04:15 PM.
Here's what's important from the earnings announcement.
Earnings
Gap beat estimated earnings by 24.0%, reporting an EPS of $0.72 versus an estimate of $0.58.
Revenue was up $62.00 million from the same period last year.
Past Earnings Performance
In the previous quarter, the company beat on EPS by $0.14, resulting in a 2.0% drop change in the share price the following day.
Here's a look at Gap's past performance:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.40 | 0.14 | 0.23 | 0.18 |
| EPS Actual | 0.54 | 0.41 | 0.49 | 0.59 |
| Revenue Estimate | 3.63B | 3.29B | 4.22B | 3.61B |
| Revenue Actual | 3.72B | 3.39B | 4.30B | 3.77B |
To track all earnings releases for Gap visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
