GAP (NYSE:GAP – Get Free Report) announced its earnings results on Thursday. The company reported $0.54 EPS for the quarter, topping analysts’ consensus estimates of $0.39 by $0.15, reports. The firm had revenue of $3.72 billion during the quarter, compared to the consensus estimate of $3.61 billion.
GAP Price Performance
NYSE GAP opened at $22.43 on Friday. GAP has a 1 year low of $9.71 and a 1 year high of $30.75.
Wall Street Analysts Forecast Growth
A number of research firms have issued reports on GAP. JPMorgan Chase & Co. raised their price target on shares of GAP from $27.00 to $28.00 and gave the stock a “neutral” rating in a report on Friday. Telsey Advisory Group reaffirmed a “market perform” rating and set a $29.00 price target on shares of GAP in a research report on Monday, August 26th.
GAP Company Profile
The Gap, Inc operates as an apparel retail company. The company offers apparel, accessories, and personal care products for men, women, and children under the Old Navy, Gap, Banana Republic, and Athleta brands. Its products include adult apparel and accessories; and fitness and lifestyle products for use in yoga, training, sports, travel, and everyday activities for women and girls.
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