Here's What Key Metrics Tell Us About Gap (GPS) Q1 Earnings

For the quarter ended April 2024, Gap (GPS) reported revenue of $3.39 billion, up 3.4% over the same period last year. EPS came in at $0.41, compared to $0.01 in the year-ago quarter.The reported revenue represents a surprise of +3.30% over the Zacks Consensus Estimate of $3.28 billion. With the consensus EPS estimate being $0.14, the EPS surprise was +192.86%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations ...