Gap says earnings set for strong 2022 as social events return

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Gap, Inc. (GPS) PT Lowered to $16 at BMO Capital

March 4, 2022 7:27 AM EST

BMO Capital analyst Simeon Siegel lowered the price target on Gap, Inc. (NYSE: GPS) to $16.00 (from $19.00) while maintaining a Market Perform rating following results.

The analyst commented, "This evening, GPS posted a top- and bottom-line beat as better revenues and lighter... More

Gap (GPS) Shares Surge 8% on Q4 Beat and Solid Outlook

March 3, 2022 5:18 PM EST

Gap, Inc. (NYSE: GPS) shares were trading more than 8% higher after-hours after the retailer's strong Q4 results, with EPS of ($0.02) coming in significantly better than the consensus estimate of ($0.12).

Quarterly revenue came in at $4.6 billion, representing a decrease of 3% compared to Q4/19 (due to the significant impact of COVID-19 on... More