We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Countdown to Gap (GAP) Q4 Earnings: A Look at Estimates Beyond Revenue and EPS
Read MoreHide Full Article
In its upcoming report, Gap (GAP - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $0.45 per share, reflecting a decline of 16.7% compared to the same period last year. Revenues are forecasted to be $4.2 billion, representing a year-over-year increase of 1.3%.
The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
With that in mind, let's delve into the average projections of some Gap metrics that are commonly tracked and projected by analysts on Wall Street.
The collective assessment of analysts points to an estimated 'Net Sales- Gap Global- Total' of $1.02 billion. The estimate suggests a change of +3.6% year over year.
It is projected by analysts that the 'Net Sales- Banana Republic Global- Total' will reach $549.99 million. The estimate indicates a change of +0.9% from the prior-year quarter.
The average prediction of analysts places 'Net Sales- Old Navy Global- Total' at $2.28 billion. The estimate indicates a year-over-year change of +3.2%.
Analysts' assessment points toward 'Number of Store Locations - Company-operated stores' reaching 2,471 . Compared to the current estimate, the company reported 2,506 in the same quarter of the previous year.
The combined assessment of analysts suggests that 'Number of Store Locations - Athleta North America' will likely reach 252 . The estimate is in contrast to the year-ago figure of 260 .
Based on the collective assessment of analysts, 'Number of Store Locations - Gap - Total' should arrive at 579 . Compared to the current estimate, the company reported 575 in the same quarter of the previous year.
The consensus estimate for 'Comparable Sales - Old Navy - YoY change' stands at 3.6%. Compared to the current estimate, the company reported 3.0% in the same quarter of the previous year.
Analysts predict that the 'Number of Store Locations - Banana Republic - Total' will reach 398 . Compared to the current estimate, the company reported 422 in the same quarter of the previous year.
The consensus among analysts is that 'Comparable Sales - Gap - YoY change' will reach 3.1%. Compared to the present estimate, the company reported 7.0% in the same quarter last year.
Analysts expect 'Comparable Sales - YoY change' to come in at 3.4%. The estimate is in contrast to the year-ago figure of 3.0%.
According to the collective judgment of analysts, 'Number of Store Locations - Old Navy North America' should come in at 1,243 . Compared to the present estimate, the company reported 1,249 in the same quarter last year.
Analysts forecast 'Comparable Sales - Banana Republic - YoY change' to reach 3.3%. Compared to the present estimate, the company reported 4.0% in the same quarter last year.
Over the past month, shares of Gap have returned +0.2% versus the Zacks S&P 500 composite's -1.3% change. Currently, GAP carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
Zacks' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
View the Zacks #1 Rank List
Image: Bigstock
Countdown to Gap (GAP) Q4 Earnings: A Look at Estimates Beyond Revenue and EPS
In its upcoming report, Gap (GAP - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $0.45 per share, reflecting a decline of 16.7% compared to the same period last year. Revenues are forecasted to be $4.2 billion, representing a year-over-year increase of 1.3%.
The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
With that in mind, let's delve into the average projections of some Gap metrics that are commonly tracked and projected by analysts on Wall Street.
The collective assessment of analysts points to an estimated 'Net Sales- Gap Global- Total' of $1.02 billion. The estimate suggests a change of +3.6% year over year.
It is projected by analysts that the 'Net Sales- Banana Republic Global- Total' will reach $549.99 million. The estimate indicates a change of +0.9% from the prior-year quarter.
The average prediction of analysts places 'Net Sales- Old Navy Global- Total' at $2.28 billion. The estimate indicates a year-over-year change of +3.2%.
Analysts' assessment points toward 'Number of Store Locations - Company-operated stores' reaching 2,471 . Compared to the current estimate, the company reported 2,506 in the same quarter of the previous year.
The combined assessment of analysts suggests that 'Number of Store Locations - Athleta North America' will likely reach 252 . The estimate is in contrast to the year-ago figure of 260 .
Based on the collective assessment of analysts, 'Number of Store Locations - Gap - Total' should arrive at 579 . Compared to the current estimate, the company reported 575 in the same quarter of the previous year.
The consensus estimate for 'Comparable Sales - Old Navy - YoY change' stands at 3.6%. Compared to the current estimate, the company reported 3.0% in the same quarter of the previous year.
Analysts predict that the 'Number of Store Locations - Banana Republic - Total' will reach 398 . Compared to the current estimate, the company reported 422 in the same quarter of the previous year.
The consensus among analysts is that 'Comparable Sales - Gap - YoY change' will reach 3.1%. Compared to the present estimate, the company reported 7.0% in the same quarter last year.
Analysts expect 'Comparable Sales - YoY change' to come in at 3.4%. The estimate is in contrast to the year-ago figure of 3.0%.
According to the collective judgment of analysts, 'Number of Store Locations - Old Navy North America' should come in at 1,243 . Compared to the present estimate, the company reported 1,249 in the same quarter last year.
Analysts forecast 'Comparable Sales - Banana Republic - YoY change' to reach 3.3%. Compared to the present estimate, the company reported 4.0% in the same quarter last year.
View all Key Company Metrics for Gap here>>>Over the past month, shares of Gap have returned +0.2% versus the Zacks S&P 500 composite's -1.3% change. Currently, GAP carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .