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GAP: Q4 2019 beats expectations

(CercleFinance.com) - Gap reported a net loss of 49 cents per share for Q4 2019, on revenue of 4.
67 billion dollars, compared to EPS of 72 cents and revenue of 4.62 billion dollars in Q4 2018.

Adjusted EPS was 58 cents, while consensus was looking for Q4 EPS of 40 cents.

FY revenues reached 16.4 billion dollars, compared to 16.58 billion dollars in 2018, for EPS of 93 cents, compared to 2.59 dollars for the previous year.



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