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Hole (GAP) Q3 Earnings: How Key Metrics Examine to Wall Road Estimates

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Hole (GAP) reported $3.83 billion in income for the quarter ended October 2024, representing a year-over-year enhance of 1.7%. EPS of $0.72 for a similar interval compares to $0.59 a 12 months in the past.

The reported income compares to the Zacks Consensus Estimate of $3.8 billion, representing a shock of +0.87%. The corporate delivered an EPS shock of +28.57%, with the consensus EPS estimate being $0.56.

Whereas traders scrutinize income and earnings adjustments year-over-year and the way they examine with Wall Road expectations to find out their subsequent transfer, some key metrics all the time provide a extra correct image of an organization’s monetary well being.

Since these metrics play an important position in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps traders higher challenge a inventory’s value efficiency.

Right here is how Hole carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Road analysts:

  • Comparable retailer gross sales – YoY change: 1% in comparison with the 1.2% common estimate based mostly on 4 analysts.
  • Comparable Retailer Gross sales – Hole – YoY change: 3% in comparison with the two.8% common estimate based mostly on 4 analysts.
  • Variety of Retailer Areas – Banana Republic – Whole: 433 in comparison with the 433 common estimate based mostly on 4 analysts.
  • Variety of Retailer Areas – Previous Navy North America: 1,255 in comparison with the 1,252 common estimate based mostly on 4 analysts.
  • Variety of Retailer Areas – Firm-operated shops: 2,544 in comparison with the two,543 common estimate based mostly on 4 analysts.
  • Comparable retailer gross sales – Banana Republic – YoY change: -1% versus 0.3% estimated by 4 analysts on common.
  • Sq. Footage – Banana Republic North America: 3.3 Msq ft versus 3.26 Msq ft estimated by three analysts on common.
  • Variety of Retailer Areas – Hole – Whole: 586 in comparison with the 584 common estimate based mostly on three analysts.
  • Sq. Footage – Whole: 30.4 Msq ft in comparison with the 30.08 Msq ft common estimate based mostly on three analysts.
  • Internet Gross sales- Hole International- Whole: $899 million in comparison with the $887.94 million common estimate based mostly on 4 analysts. The reported quantity represents a change of +1.4% 12 months over 12 months.
  • Internet Gross sales- Banana Republic International- Whole: $469 million in comparison with the $455.92 million common estimate based mostly on 4 analysts. The reported quantity represents a change of +2% 12 months over 12 months.
  • Internet Gross sales- Previous Navy International- Whole: $2.15 billion in comparison with the $2.15 billion common estimate based mostly on 4 analysts. The reported quantity represents a change of +1.1% 12 months over 12 months.

View all Key Company Metrics for Gap here>>>

Shares of Hole have returned -4% over the previous month versus the Zacks S&P 500 composite’s +1% change. The inventory presently has a Zacks Rank #3 (Maintain), indicating that it might carry out consistent with the broader market within the close to time period.

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The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.

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