Gildan Activewear Q3 2024 Adj. EPS $0.85, Inline, Sales $891.100M Beat $883.496M Estimate
Portfolio Pulse from Benzinga Newsdesk
Gildan Activewear reported Q3 2024 earnings per share of $0.85, meeting analyst expectations. The company's sales were $891.1 million, surpassing the estimated $883.5 million and marking a 2.44% increase from the previous year.
October 31, 2024 | 10:46 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Gildan Activewear's Q3 2024 earnings per share met expectations at $0.85, while sales exceeded estimates at $891.1 million, showing a 2.44% year-over-year increase.
The company's earnings per share met expectations, which is neutral, but the sales beat the estimates and showed growth compared to last year, which is positive. This could lead to a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100