Investing.com - GAP ADR reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
GAP ADR announced earnings per share of Mex$0.7609 on revenue of Mex$151.56M. Analysts polled by Investing.com anticipated EPS of Mex$0.6451 on revenue of Mex$150.48M.
GAP ADR shares are down 6.09% from the beginning of the year, still down 12.03% from its 52 week high of Mex$118.80 set on January 8. They are under-performing the EUR/USD which is down 0% from the start of the year.
GAP ADR follows other major Transportation sector earnings this month
GAP ADR's report follows an earnings beat by United Parcel Service on Tuesday, who reported EPS of Mex$2.77 on revenue of Mex$22.69B, compared to forecasts EPS of Mex$1.71 on revenue of Mex$20.56B.
Union Pacific had missed expectations on April 22 with first quarter EPS of Mex$2 on revenue of Mex$5B, compared to forecast for EPS of Mex$2.06 on revenue of Mex$5.05B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar