Gap Inc. (NYSE: GPS) Quarterly Earnings Preview an…
From Financial Modeling Prep: 2024-11-13 02:00:02
Gap Inc. (NYSE:GPS) is gearing up to report its quarterly earnings, with analysts predicting an EPS of $0.40 and revenue of $3.63 billion. The company’s P/E ratio is 12.03, P/S ratio is 0.61, and current ratio stands at 1.49, with a debt-to-equity ratio of 1.88.
As a prominent player in the apparel industry, Gap Inc. boasts popular brands like Old Navy, Gap, Banana Republic, and Athleta. With a global presence through stores and online platforms, Gap caters to a wide demographic with its diverse range of clothing and lifestyle products.
Gap’s upcoming earnings release on November 14, 2024, is anticipated to showcase its financial performance, building on its track record of surpassing expectations. In the previous quarter, Gap outperformed with an EPS of $0.54, exceeding the expected $0.39 by 38.46%.
Financial metrics such as the P/E ratio of 12.03 and P/S ratio of 0.61 demonstrate Gap’s reasonable valuation compared to industry peers. The company’s enterprise value to sales ratio of 0.84 and EV to operating cash flow ratio of 8.07 reflect efficient cash flow generation.
While Gap maintains a healthy current ratio of 1.49, signaling ample liquidity, its debt-to-equity ratio of 1.88 indicates higher financial leverage. Despite this, Gap’s earnings yield of 8.31% offers an attractive return on investment for shareholders, highlighting its financial stability.
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