Gap Q4 EPS Matches Estimates as Revenue Climbs $87M, Shares Slip
Gap delivered fourth-quarter EPS of $0.45, matching consensus, with revenue rising $87 million year-on-year. Shares fell 1.96% to $27.20 and plunged 6.29% in extended trading to $25.49 following the results.
1. Q4 Earnings And Revenue
Gap reported fourth-quarter adjusted EPS of $0.45, in line with the consensus estimate of $0.45, while revenue increased by $87 million compared to the same period last year. This year-on-year sales growth reflects modest improvement but fell short of generating upside surprise for investors.
2. Stock Price Movement And Investor Reaction
On the release day, Gap’s shares declined 1.96%, trading between $26.34 and $27.74 before closing at $27.20. In after-hours trading, the stock plunged 6.29% to $25.49, reversing the 8.24% share gain seen after the prior quarter’s EPS beat, as investors weighed lackluster top-line momentum.