Investing.com - Gap reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Gap announced earnings per share of $-0.02 on revenue of $4.53B. Analysts polled by Investing.com anticipated EPS of $-0.1308 on revenue of $4.51B.
Gap shares are down 19% from the beginning of the year and are trading at $16.58 , down-from-52-week-high.They are under-performing the S&P 500 which is down 8.45% from the start of the year.
Gap shares gained 16.35% in after-hours trade the report.
Gap follows other major Consumer Discretionary sector earnings this month
Gap's report follows an earnings beat by Amazon.com on February 3, who reported EPS of $27.75 on revenue of $137.41B, compared to forecasts EPS of $3.61 on revenue of $137.68B.
Home Depot had beat expectations on February 22 with fourth quarter EPS of $3.21 on revenue of $35.72B, compared to forecast for EPS of $3.18 on revenue of $34.88B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar