Gildan Activewear: Q2 Earnings Insights

 

Gildan Activewear GIL reported its Q2 earnings results on Thursday, August 4, 2022 at 08:00 AM.

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

Earnings

Gildan Activewear beat estimated earnings by 56.36%, reporting an EPS of $0.86 versus an estimate of $0.55.

Revenue was up $148.40 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.21 which was followed by a 11.61% drop in the share price the next day.

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

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.55 0.55 0.55 0.50
EPS Actual 0.76 0.76 0.80 0.68
Revenue Estimate 715.51M 715.51M 715.51M 702.61M
Revenue Actual 774.90M 784.25M 801.60M 747.20M

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.

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