Gap Q4 Earnings Preview

Gap Inc (NYSE: GPS) is scheduled to report Q4 earnings after the market close on Thursday.

The Street expected revenue to come in at $4.71 billion with EPS of $0.74.

Analysts expected the outlook to include EPS of $0.63 on revenue of $3.87 billion for the first quarter.

For the current full year, analysts expected revenue of $16.89 billion with EPS of $3.01.

Sterne Agee recently issued a research note with the expectation that the full year outlook for EPS would range between $2.80 to $2.85. The firm also expected that tax rates and FX would be a drag on results, which was echoed by Mizuho.

Morgan Stanley's expectations were also in line with consensus for Q4, however, Wedbush expressed concern that the outlook would be unfavorable.

Over the past three months, Gap shares were up less than 2 percent as of Wednesday.

Gap closed at $40.29, up 0.85 percent.

Latest Ratings for GPS

Feb 2015	Credit Suisse	Downgrades	Neutral	Underperform
Feb 2015	Mizuho Securities	Downgrades	Buy	Neutral
Feb 2015	Guggenheim Securities	Initiates Coverage on		Neutral

View More Analyst Ratings for GPS
View the Latest Analyst Ratings

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