Will Gildan Activewear (GIL) See Earnings Growth in Q4?

Zacks Equity Research Published on February 20, 2019

Gildan Activewear, Inc. (GIL - Free Report) is slated to report fourth-quarter 2018 results on Feb 21. The company outperformed the Zacks Consensus Estimate in two of the trailing four quarters, the average being 1.1%.

Which Way are Top & Bottom-Line Estimates Headed?

The Zacks Consensus Estimate for earnings in the quarter under review stands at 44 cents, reflecting year-over-year growth of 41.9%. We also note that the Zacks Consensus Estimate has remained unchanged in the past 30 days.

The Zacks Consensus Estimate for revenues is pegged at $713 million, up approximately 9.1% from $653.7 million in the year-ago quarter. We note that total revenues of this retailer and manufacturer of apparel increased 5.3% in the last reported quarter.

Let’s see how things are shaping up prior to this announcement.

Gildan Activewear, Inc. Price and EPS Surprise

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