Earnings Preview for Gap

Gap GPS unveils its next round of earnings this Thursday, August 27. Here is Benzinga's everything-that-matters guide for the earnings announcement.

Earnings and Revenue

Analysts are predicting Gap will report a loss of $0.4 per share on revenue of $2.91 billion. Gap EPS in the same period a year ago totaled $0.63. Revenue was $4.00 billion. The analyst consensus estimate would represent a 163.49% decrease in the company's earnings per share. Sales would be down 13.23% on a year-over-year basis. Here's how the Gap's reported EPS has stacked up against analyst estimates in the past:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019
EPS Estimate -0.41 0.41 0.51 0.53
EPS Actual -2.51 0.58 0.53 0.63
Revenue Estimate 2.57 B 4.55 B 3.96 B 4.02 B
Revenue Actual 2.11 B 4.67 B 4.00 B 4.00 B

Stock Performance

Over the last 52-week period, shares of Gap are up 10.09%.

Don't be surprised to see the stock move on comments made during its conference call. Gap is scheduled to hold the call at 17:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/sczipemq

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