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Ekonomické zprávy
24.11.2021

Company news: Gap (GPS) quarterly results miss analysts’ expectations

Gap (GPS) reported Q3 FY 2022 earnings of $0.27 per share (versus $0.25 per share in Q3 FY 2021), missing analysts’ consensus estimate of $0.51 per share.

The company’s quarterly revenues amounted to $3.943 bln (-1.3% y/y), missing analysts’ consensus estimate of $4.433 bln.

GPS fell to $18.61 (-20.84%) in pre-market trading.

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