Gildan Activewear (GIL) Tops Q2 Earnings and Revenue Estimates

Gildan Activewear (GIL) came out with quarterly earnings of $0.74 per share, beating the Zacks Consensus Estimate of$ 0.72 per share. This compares to earnings of $0.63 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 2.78%. A quarter ago, it was expected that this apparel maker would post earnings of$ 0.52 per share when it actually produced earnings of $0.59, delivering a surprise of 13.46%. Over the last four quarters, the ...