Gildan Activewear (NYSE:GIL) reported its Q3 earnings results on Thursday, November 4, 2021 at 08:00 AM.
Here's what investors need to know about the announcement.
Earnings
Gildan Activewear their estimated earnings by 45.45%, reporting an EPS of $0.8 versus an estimate of $0.55, which surprised analysts.
Revenue was up $199,300,000 from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.18, which was followed by a 3.43% increase in the share price the next day.
Here's a look at Gildan Activewear's past performance:
| Quarter | Q2 2021 | Q1 2021 | Q4 2020 | Q3 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.50 | 0.19 | 0.21 | 0.05 |
| EPS Actual | 0.68 | 0.48 | 0.45 | 0.30 |
| Revenue Estimate | 702.61M | 487.15M | 610.76M | 491.35M |
| Revenue Actual | 747.20M | 589.60M | 690.15M | 602.30M |
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