Focus Stocks
The Gap Ahead of Earnings
Published on Wednesday, 24 February 2010 22:00 Written by Danny Miller
New York, February 24th (TradersHuddle.com) – Shares of The Gap, Inc. (NYSE:GPS) gained 1.30% to $51.59.
Gap (NYSE:GPS), the owner and operator of specialty retailers like Banana Republic and Old Navy, is scheduled to report its quarterly earnings February 25th. Wall Street analysts expect on average for the company to report a profit of $0.49 a share on revenue of $4.22 billion.
Expected results have a range of $0.11 a share. The high estimate calls for a profit of $0.51 a share and the low estimate is calling for a profit of $0.40 a share, a year ago for the quarter the company reported a profit of $0.34 a share.
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