Gap GAP released its Q3 earnings on Thursday, November 21, 2024 at 04:15 PM.
Here’s what’s important from the earnings announcement.
Earnings
Gap beat estimated earnings by 24.0%, reporting an EPS of $0.72 versus an estimate of $0.58.
Revenue was up $62.00 million from the same period last year.
Past Earnings Performance
In the previous quarter, the company beat on EPS by $0.14, resulting in a 2.0% drop change in the share price the following day.
Here’s a look at Gap’s past performance:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.40 | 0.14 | 0.23 | 0.18 |
| EPS Actual | 0.54 | 0.41 | 0.49 | 0.59 |
| Revenue Estimate | 3.63B | 3.29B | 4.22B | 3.61B |
| Revenue Actual | 3.72B | 3.39B | 4.30B | 3.77B |
To track all earnings releases for Gap visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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