On Thursday, Feb. 28, Gap GPS will report its last quarter's earnings. Here is Benzinga's take on the company's release.
Earnings and Revenue
Gap EPS is expected to be around 69 cents, according to sell-side analysts. Sales will likely be near $4.70 billion.
In the same quarter last year, Gap announced EPS of 61 cents on revenue of $4.78 billion. If the company were to match the consensus estimate when it reports Thursday, earnings would be up 13.11 percent. Revenue would have fallen 1.63 percent from the same quarter last year. The company's reported EPS has stacked up against analyst estimates in the past like this:
| Quarter | Q3 2018 | Q2 2018 | Q1 2018 | Q4 2017 |
| EPS Estimate | 0.68 | 0.72 | 0.46 | 0.58 |
| EPS Actual | 0.69 | 0.76 | 0.42 | 0.61 |
Stock Performance
Over the last 52-week period, shares are down 23.98 percent. Given that these returns are generally negative, long-term shareholders are probably down going into this earnings release.
Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. The popular rating by analysts on Gap stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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