Gap Earnings: What Top Street Analysts Think

With Gap Inc GPS 0.41% set to release earnings on Thursday after the market closes, now is a good time to take a look at what Wall Street thinks of the clothing retailer.

Wall Street consensus estimates for The Gap are currently earnings per share (EPS) of $0.56 on $3.70 billion in revenue. However, not all analysts see eye-to-eye on the company.

Here’s a look at what six firms have had to say about The Gap in recent weeks.

Sterne Agee CRT

Sterne Agee CRT believes that The Gap will continue to attempt to boost its bottom line by reigning in spending, but notes that this strategy is merely a temporary fix and not a long-term solution to the company’s problems. Sterne Agee CRT has a Neutral rating on The Gap and a $38 target for the stock.

Guggenheim

Guggenheim believes that new Gap management is working hard to make the necessary changes to the company’s product assortment to create positive results. However, these changes may not be reflected in the company’s performance until 2016. Guggenheim projects…

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