Gap (GAP) came out with quarterly earnings of $0.54 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.34 per share a year ago.
Gap shares were halted after the apparent early release of its quarterly earnings. The apparel retailer is set to post its results after the bell Thursday, but a presentation reportedly briefly appeared on its website in the morning.
The retailer is scheduled to report earnings after the close of trading Thursday.
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Initiating coverage on Miniso Group with a "Buy" rating, considering undervaluation and potential for a reversal rally over a 24-month horizon. The Company's competitive pricing, innovation, and efficient supply chain drive robust revenue and EBITDA growth, despite macroeconomic and geopolitical headwinds. Aggressive store expansion, both domestically and internationally, coupled with margin expansion, positions Miniso for sustained growth and improved cash flows.
Danielle Shay, VP of options at Simpler Trading, joins CNBC's 'The Exchange' to discuss her moves on four stocks: Peloton, Gap, PayPal, and Nike.
Gap (GAP) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Gap's (GPS) focus on reinforcing its brand relevance and expanding market share through marketing and innovation bolsters its performance.
Gap (GPS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Recently, Zacks.com users have been paying close attention to Gap (GPS). This makes it worthwhile to examine what the stock has in store.
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Gap (GPS) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.