Earnings Summary: Gap Q3

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.

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