Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil EL&P Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Gap Earnings: What To Look For From GAP By: StockStory November 20, 2024 at 02:02 AM EST Clothing and accessories retailer The Gap (NYSE:GAP) will be announcing earnings results tomorrow after market close. Here’s what to expect. Gap beat analysts’ revenue expectations by 2.6% last quarter, reporting revenues of $3.72 billion, up 4.8% year on year. It was a stunning quarter for the company, with an impressive beat of analysts’ EPS and EBITDA estimates. Is Gap a buy or sell going into earnings? Read our full analysis here, it’s free. This quarter, analysts are expecting Gap’s revenue to grow 1.1% year on year to $3.81 billion, a reversal from the 6.7% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.58 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Gap has missed Wall Street’s revenue estimates three times over the last two years. Looking at Gap’s peers in the apparel and footwear retail segment, only Boot Barn has reported results so far. It met analysts’ revenue estimates, delivering year-on-year sales growth of 13.7%. The stock was down 19.9% on the results. Read our full analysis of Boot Barn’s earnings results here. Investors in the apparel and footwear retail segment have had steady hands going into earnings, with share prices flat over the last month. Gap is down 3.4% during the same time and is heading into earnings with an average analyst price target of $27.59 (compared to the current share price of $21). Today’s young investors won’t have read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Gap Earnings: What To Look For From GAP By: StockStory November 20, 2024 at 02:02 AM EST Clothing and accessories retailer The Gap (NYSE:GAP) will be announcing earnings results tomorrow after market close. Here’s what to expect. Gap beat analysts’ revenue expectations by 2.6% last quarter, reporting revenues of $3.72 billion, up 4.8% year on year. It was a stunning quarter for the company, with an impressive beat of analysts’ EPS and EBITDA estimates. Is Gap a buy or sell going into earnings? Read our full analysis here, it’s free. This quarter, analysts are expecting Gap’s revenue to grow 1.1% year on year to $3.81 billion, a reversal from the 6.7% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.58 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Gap has missed Wall Street’s revenue estimates three times over the last two years. Looking at Gap’s peers in the apparel and footwear retail segment, only Boot Barn has reported results so far. It met analysts’ revenue estimates, delivering year-on-year sales growth of 13.7%. The stock was down 19.9% on the results. Read our full analysis of Boot Barn’s earnings results here. Investors in the apparel and footwear retail segment have had steady hands going into earnings, with share prices flat over the last month. Gap is down 3.4% during the same time and is heading into earnings with an average analyst price target of $27.59 (compared to the current share price of $21). Today’s young investors won’t have read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next.
Clothing and accessories retailer The Gap (NYSE:GAP) will be announcing earnings results tomorrow after market close. Here’s what to expect. Gap beat analysts’ revenue expectations by 2.6% last quarter, reporting revenues of $3.72 billion, up 4.8% year on year. It was a stunning quarter for the company, with an impressive beat of analysts’ EPS and EBITDA estimates. Is Gap a buy or sell going into earnings? Read our full analysis here, it’s free. This quarter, analysts are expecting Gap’s revenue to grow 1.1% year on year to $3.81 billion, a reversal from the 6.7% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.58 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Gap has missed Wall Street’s revenue estimates three times over the last two years. Looking at Gap’s peers in the apparel and footwear retail segment, only Boot Barn has reported results so far. It met analysts’ revenue estimates, delivering year-on-year sales growth of 13.7%. The stock was down 19.9% on the results. Read our full analysis of Boot Barn’s earnings results here. Investors in the apparel and footwear retail segment have had steady hands going into earnings, with share prices flat over the last month. Gap is down 3.4% during the same time and is heading into earnings with an average analyst price target of $27.59 (compared to the current share price of $21). Today’s young investors won’t have read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next.
