Benzinga | Nov 23, 2021 04:17PM EST

Gap Q3 EPS $0.27 Misses $0.50 Estimate, Sales $3.94B Miss $4.44B Estimate

Gap (NYSE:GPS) reported quarterly earnings of $0.27 per share which missed the analyst consensus estimate of $0.50 by 46 percent. This is a 8 percent increase over earnings of $0.25 per share from the same period last year. The company reported quarterly sales of $3.94 billion which missed the analyst consensus estimate of $4.44 billion by 11.19 percent. This is a 1.28 percent decrease over sales of $3.99 billion the same period last year.