Gap's Price-Sensitive Consumer Faces Tariff Pressure, Analyst Says
Gap, Inc. (NYSE:GAP) shares are trading higher after the company released its third-quarter earnings report on Thursday, beating estimates on the top and bottom lines.GAP is surging to new heights today. View the charts here.Gap reported quarterly earnings of 62 cents per share, which beat the analyst estimate of 59 cents.Quarterly revenue came in at $3.94 billion, which beat the analyst consensus estimate of $3.91 billion.Analyst ViewB of A Securities analyst Lorraine Hutchinson raised the price forecast t ...