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Stock impact report

Here's Why Gap (GPS) Gained But Lagged the Market Today [Yahoo! Finance]

Gap, Inc. (The) (GPS) 
Last gap, inc. (the) earnings: 3/12 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The stock lagged the S&P 500's daily gain of 1.2%. On the other hand, the Dow registered a gain of 0.69%, and the technology-centric Nasdaq increased by 1.59%. The clothing chain's shares have seen a decrease of 25.65% over the last month, not keeping up with the Retail-Wholesale sector's loss of 3.47% and the S&P 500's loss of 4.16%. Market participants will be closely following the financial results of Gap in its upcoming release. The company is forecasted to report an EPS of $0.12, showcasing a 1100% upward movement from the corresponding quarter of the prior year. At the same time, our most recent consensus estimate is projecting a revenue of $3.28 billion, reflecting a 0.02% fall from the equivalent quarter last year. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $1.36 per share and revenue of $14.84 billion, indicating changes of -4.9% and -0.34%, respectively, compared to the previous year. It's also important for investors to be aware of Show less Read more
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