Workflow
Gap (GAP) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
GPSGap(GPS) ZACKS·2024-08-29 20:31

Gap (GAP) reported 3.72billioninrevenueforthequarterendedJuly2024,representingayear−over−yearincreaseof4.93.72 billion in revenue for the quarter ended July 2024, representing a year-over-year increase of 4.9%. EPS of 0.54 for the same period compares to 0.34ayearago.Thereportedrevenuerepresentsasurpriseof+2.930.34 a year ago.The reported revenue represents a surprise of +2.93% over the Zacks Consensus Estimate of 3.61 billion. With the consensus EPS estimate being $0.39, the EPS surprise was +38.46%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectatio ...