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Gap Q3 Earnings Coming Up: Here's What Investors Should Know
ZACKS· 2024-11-18 17:56
The Gap, Inc. (GAP) is expected to register top-line growth when it reports third-quarter fiscal 2024 results on Nov. 21, after the closing bell. For revenues, the Zacks Consensus Estimate is pegged at $3.80 billion, indicating a 0.9% rise from the year-ago quarter’s reported figure.The consensus estimate for the bottom line is pegged at 56 cents per share, indicating a 5.1% drop from the year-ago quarter’s reported figure. The consensus estimate for fiscal third-quarter earnings has moved down a penny in t ...
Is The Gap (GAP) Stock Undervalued Right Now?
ZACKS· 2024-11-18 15:46
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors rely on traditional forms of a ...
Unlocking Q3 Potential of Gap (GAP): Exploring Wall Street Estimates for Key Metrics
ZACKS· 2024-11-18 15:15
Wall Street analysts forecast that Gap (GAP) will report quarterly earnings of $0.56 per share in its upcoming release, pointing to a year-over-year decline of 5.1%. It is anticipated that revenues will amount to $3.8 billion, exhibiting an increase of 0.9% compared to the year-ago quarter.Over the last 30 days, there has been an upward revision of 0.5% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initi ...
Gap (GAP) Expected to Beat Earnings Estimates: Should You Buy?
ZACKS· 2024-11-14 16:00
The market expects Gap (GAP) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended October 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on November 21, 2024, might help the stock move higher if these key numbers are better ...
Gap Inc. Announces Fourth Quarter Dividend
Prnewswire· 2024-11-12 22:23
SAN FRANCISCO, Nov. 12, 2024 /PRNewswire/ -- Gap Inc. (NYSE: GAP) today announced its board of directors has authorized a fourth quarter fiscal year 2024 dividend of $0.15 per share, payable on or after January 29, 2025, to shareholders of record at the close of business on January 8, 2025.About Gap Inc.Gap Inc., a house of iconic brands, is the largest specialty apparel company in America. Its Old Navy, Gap, Banana Republic, and Athleta brands offer clothing, accessories, and lifestyle products for men, wo ...
NASDAQ 100 Struggles To Close Gap With S&P 500 During Semiconductor Slowdown
Benzinga· 2024-11-12 19:12
While the S&P 500 Index continues its post-election surge, breaking through key resistance levels, the NASDAQ 100 is struggling to keep up.This catch-up is prompting JPMorgan analyst Jason Hunter to ask: Is this a shift in market leadership or a temporary pause for the tech-heavy index?S&P 500 Breaks Out, NASDAQ 100 StallsAfter the S&P 500 re-accelerated through April's channel resistance and the 5850-5878 highs post-election, the index remains firmly bullish, with key support holding in the 5600s. The next ...
Gap Inc. to Report Third Quarter Fiscal 2024 Results on November 21
Prnewswire· 2024-10-31 20:15
SAN FRANCISCO, Oct. 31, 2024 /PRNewswire/ -- Gap Inc. (NYSE: GAP) will report its third quarter fiscal 2024 financial results by press release on November 21, 2024, at approximately 1:15 p.m. Pacific Time.In addition, the company will host a conference call to review its third quarter fiscal 2024 results on Thursday, November 21, 2024, beginning at approximately 2:00 p.m. Pacific Time.A live webcast of the conference call will be available online at investors.gapinc.com.  A replay of the webcast will be ava ...
Tevogen Bio Reports Nasdaq Listing Compliance as CEO Reaffirms His Commitment in Bridging the Information Gap About the Company
GlobeNewswire News Room· 2024-10-29 19:28
Regained compliance without effecting a reverse stock split Tevogen Bio CEO reaffirms his commitment to preserve shareholder value WARREN, N.J., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Tevogen Bio ("Tevogen" or "Tevogen Bio Holdings Inc.") (Nasdaq: TVGN), a clinical-stage specialty immunotherapy biotech developing off-the-shelf, genetically unmodified T cell therapeutics to treat infectious disease and cancers, announced today that on October 28, 2024, it received written notice from the Listing Qualifications St ...
The Gap: Looking For A Turnaround Continuation In Q3 (Rating Upgrade)
Seeking Alpha· 2024-10-28 16:12
The Gap, Inc. (NYSE: GAP ), the apparel retailer, is expected to report the company's fiscal Q3 results around the 14 th of November. As the company has demonstrated a better brand performance and I am an avid investor with a major focus on small cap companies with experience in investing in US, Canadian, and European markets. My investment philosophy to generating great returns on the stock market revolves around identifying mispriced securities by understanding the drivers behind a company's financials, a ...
Is The Gap (GAP) a Great Value Stock Right Now?
ZACKS· 2024-10-25 14:45
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued ...