SAN FRANCISCO (dpa-AFX) - Gap Inc. (GPS) announced earnings for its second quarter that advanced from the same period last year.
The company's bottom line came in at $297 million, or $0.76 per share. This compares with $271 million, or $0.68 per share, in last year's second quarter.
Analysts had expected the company to earn $0.72 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 7.6% to $4.09 billion from $3.80 billion last year.
Gap Inc. earnings at a glance:
-Earnings (Q2): . vs. $231 Mln. last year. -Analysts Estimate: $0.72 -Revenue (Q2): $4.09 Bln vs. $3.80 Bln last year.
-Guidance: Full year EPS guidance: $2.55 to $2.70
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