Gap (GPS) Surpasses Q4 Earnings and Revenue Estimates

Gap (GPS) came out with quarterly earnings of $0.49 per share, beating the Zacks Consensus Estimate of $0.20 per share. This compares to loss of $0.75 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 145%. A quarter ago, it was expected that this clothing chain would post earnings of $0.20 per share when it actually produced earnings of $0.59, delivering a surprise of 195%.Over the last four quarters, the company has surpassed ...