top of page

↗ THE GAP INC. Earnings Momentum + Analyst Upgrades + Technical Appeal

Writer's picture: Lester DavidsLester Davids

Wednesday 04 December 2024 (12h13, South African Time)


  • Buy Idea

  • Technical Takeaway: Re-Emerging Momentum / Pending Base Breakout



AI-Assisted Fundamental Insights

Gap Inc.'s earnings for the third quarter of fiscal 2024 exceeded expectations. The company reported earnings per share of $0.72, which surpassed the consensus estimate of $0.61. This positive result led to an increase in the company's full-year outlook.


Here are some key details from the earnings report:


Earnings per share: $0.72

Revenue: $3.83 billion

Operating income: $355 million

Net income: $274 million


This information is based on the latest earnings report released by Gap Inc. on November 2, 2024.


Trading View News Flow


Lester Davids

Analyst: Unum Capital

Comments


bottom of page