Gap (GAP) Q1 Earnings and Revenues Surpass Estimates

Gap (GAP) came out with quarterly earnings of $0.51 per share, beating the Zacks Consensus Estimate of$ 0.44 per share. This compares to earnings of $0.41 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 15.91%. A quarter ago, it was expected that this clothing chain would post earnings of$ 0.36 per share when it actually produced earnings of $0.54, delivering a surprise of 50%.Over the last four quarters, the company has surpa ...