Will Gap (GAP) Beat Estimates Again in Its Next Earnings Report? [Yahoo! Finance]
Gap, Inc. (The) (GPS)
Last gap, inc. (the) earnings: 3/12 04:15 pm
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Source: Yahoo! Finance
quarterly report, you should consider Gap (GAP). This company, which is in the Zacks Retail - Apparel and Shoes industry, shows potential for another earnings beat. This clothing chain 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 168.93%. For the most recent quarter, Gap was expected to post earnings of $0.14 per share, but it reported $0.41 per share instead, representing a surprise of 192.86%. For the previous quarter, the consensus estimate was $0.20 per share, while it actually produced $0.49 per share, a surprise of 145%. Thanks in part to this history, there has been a favorable change in earnings estimates for Gap 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 stock
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