The Gap, Inc. reports results for the quarter ended July 31 - Earnings Summary
The Gap, Inc. reports results for the quarter ended July 31 - Earnings Summary
The Gap, Inc. GAP.N reported quarterly adjusted earnings of 52 cents per share for the quarter ended July 31, lower than the same quarter last year, when the company reported EPS of 57 cents. The mean expectation of sixteen analysts for the quarter was for earnings of 48 cents per share. Wall Street expected results to range from 45 cents to 50 cents per share.
Revenue fell 2% to $3.65 billion from a year ago; analysts expected $3.69 billion.
The Gap, Inc.'s reported EPS for the quarter was $1.38.
The company reported quarterly net income of $501 million.
The Gap, Inc. shares had risen by 13.2% this quarter and lost 17.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 5.4% in the last three months.
In the last 30 days, eight analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy," 11 "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 The Gap, Inc. is $24.40, about 14.8% above its last closing price of $20.79
This summary was machine generated from LSEG data August 27 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 |
Jul. 31 2026 | 0.48 | 0.52 | Beat |
Apr. 30 2026 | 0.37 | 0.38 | Beat |
Jan. 31 2026 | 0.46 | 0.45 | Missed |
Oct. 31 2025 | 0.59 | 0.62 | Beat |
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