Gap Inc GAP.N, GAP is expected to show a fall in quarterly revenue when it reports results on March 6 for the period ending January 31 2025
The San Francisco California-based company is expected to report a 5.3% decrease in revenue to $4.071 billion from $4.3 billion a year ago, according to the mean estimate from 14 analysts, based on LSEG data.The company's guidance on November 21 2024, for the period ended January 31, was for revenue between $4.34 billion and $4.38 billion. (Revenue is on Net Sales basis)
LSEG's mean analyst estimate for Gap Inc is for earnings of 37 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy," 9 "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Gap Inc is $28.00, above its last closing price of $21.35.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Oct. 31 2024 | 0.59 | 0.58 | 0.72 | Beat | 24.7 |
Jul. 31 2024 | 0.43 | 0.40 | 0.54 | Beat | 34.1 |
Apr. 30 2024 | 0.16 | 0.14 | 0.41 | Beat | 191 |
Jan. 31 2024 | 0.26 | 0.23 | 0.49 | Beat | 117.3 |
Oct. 31 2023 | 0.19 | 0.19 | 0.59 | Beat | 204.3 |
Jul. 31 2023 | 0.10 | 0.09 | 0.34 | Beat | 261.4 |
Apr. 30 2023 | -0.17 | -0.16 | 0.01 | Beat | 106.3 |
Jan. 31 2023 | -0.44 | -0.46 | -0.75 | Missed | -62.3 |
This summary was machine generated March 4 at 21:55 GMT. 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)