Jim Cramer Tweets ‘After seeing Gap, i am confident that the stock to buy is charitable trust member American Eagle… $AEO.. what a quarter!!!!’
https://twitter.com/jimcramer/status/1463267792283705351
Gap Q3 EPS $0.27 Misses $0.50 Estimate, Sales $3.94B Miss $4.44B Estimate
Gap (NYSE:GPS) reported quarterly earnings of $0.27 per share which missed the analyst consensus estimate of $0.50 by 46 percent. This is a 8 percent increase over earnings of $0.25 per share from the same period last
Is There More Pain To Come For Gap Before 2022?
Gap Inc (NYSE: GPS) is scheduled to report its third-quarter earnings today. The stock lost 1.88% to reach $23.49 in after-hours trading on Monday, after closing at $23.94, down 0.58%.
Looking Into Gap’s Return On Invested Capital
According to Benzinga Pro, during Q2, Gap (NYSE:GPS) earned $409.00 million, a 70.42% increase from the preceding quarter. Gap also posted a total of $4.21 billion in sales, a 5.51% increase since Q1.
Deutsche Bank Maintains Buy on Gap, Lowers Price Target to $43
Deutsche Bank maintains Gap (NYSE:GPS) with a Buy and lowers the price target from $45 to $43.
Wells Fargo Maintains Overweight on Gap, Lowers Price Target to $40
Wells Fargo analyst Ike Boruchow maintains Gap (NYSE:GPS) with a Overweight and lowers the price target from $45 to $40.
Gap Acquires AI Start-Up CB4 For Undisclosed Sum
Gap Inc (NYSE:GPS) has acquired the New York and Tel Aviv-based Artificial Intelligence (AI) start-up, Context-Based 4 Casting Ltd (CB4), for an…