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Stock impact report

Will Gildan (GIL) Beat Estimates Again in Its Next Earnings Report? [Yahoo! Finance]

Gildan Activewear, Inc. Class A Sub. Vot. (GIL) 
Last gildan activewear, inc. class a sub. vot. earnings: 4/29 04:15 pm Check Earnings Report
US:NYSE Investor Relations: gildancorp.com/investors-landing-page
Company Research Source: Yahoo! Finance
It is worth considering Gildan Activewear (GIL), which belongs to the Zacks Textile - Apparel industry. This apparel maker has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 8.12%. For the most recent quarter, Gildan was expected to post earnings of $0.72 per share, but it reported $0.74 per share instead, representing a surprise of 2.78%. For the previous quarter, the consensus estimate was $0.52 per share, while it actually produced $0.59 per share, a surprise of 13.46%. Thanks in part to this history, there has been a favorable change in earnings estimates for Gildan lately. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the stock is positive, which is a great indicator of an earnings beat, particularly when combined with its solid Zacks Rank. Our research shows that stocks with the combination of a positive Earnings ESP and a Za Show less Read more
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