Gap (GPS) Misses On Q3 Earnings And Sales, Shares Drop


Shares of The Gap, Inc. (GPS – Analyst Report) dropped 3.7% in the after market trading session yesterday, as the company’s third-quarter fiscal 2014 adjusted earnings of 74 cents a share missed the Zacks Consensus Estimate of 79 cents. However, earnings improved 2.7% on a year-over-year basis.

Including a 6 cents per share gain from a non-recurring tax benefit during the quarter, the company reported earnings of 80 cents a share.
 

The Gap Inc – Earnings Surprise | FindTheBest

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