Gildan Activewear: Q1 Earnings Insights - Gildan Activewear (NYSE:GIL)

Gildan Activewear GIL reported its Q1 earnings results on Wednesday, May 4, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Gildan Activewear beat estimated earnings by 38.18%, reporting an EPS of $0.76 versus an estimate of $0.55.

Revenue was up $185.30 million from the same period last year.

Last quarter the company beat on EPS by $0.21 which was followed by a 2.01% drop in the share price the next day.

Here's a look at Gildan Activewear's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.55	0.55	0.50	0.19
EPS Actual	0.76	0.80	0.68	0.48
Revenue Estimate	715.51M	715.51M	702.61M	487.15M
Revenue Actual	784.25M	801.60M	747.20M	589.60M

To track all earnings releases for Gildan Activewear visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.