Gap Inc reports results for the quarter ended April 30 - Earnings Summary
Gap Inc reports results for the quarter ended April 30 - Earnings Summary
Gap Inc GAP.N reported quarterly adjusted earnings of 38 cents per share for the quarter ended April 30, lower than the same quarter last year, when the company reported EPS of 51 cents. The mean expectation of fifteen analysts for the quarter was for earnings of 37 cents per share. Wall Street expected results to range from 35 cents to 39 cents per share.
Revenue rose 1% to $3.50 billion from a year ago; analysts expected $3.52 billion.
Gap Inc's reported EPS for the quarter was 90 cents.
The company reported quarterly net income of $339 million.
Gap Inc shares had fallen by 0.6% this quarter and lost 6.1% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 20.7% in the last three months.
In the last 30 days, one analyst negatively revised an earnings estimate
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell." The average consensus recommendation for the apparel & accessories retailers peer group is also "buy"
Wall Street's median 12-month price target for Gap Inc is $28.83, about 13.3% above its last closing price of $25.00
This summary was machine generated from LSEG data May 28 at 09:16 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Apr. 30 2026 | 0.37 | 0.38 | Beat |
Jan. 31 2026 | 0.46 | 0.45 | Missed |
Oct. 31 2025 | 0.59 | 0.62 | Beat |
Jul. 31 2025 | 0.55 | 0.57 | Beat |