Gap: Fiscal Q3 Earnings Snapshot

SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Gap Inc. (GAP) on Thursday reported fiscal third-quarter earnings of $274 million.

On a per-share basis, the San Francisco-based company said it had net income of 72 cents.

The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 56 cents per share.

The clothing chain posted revenue of $3.83 billion in the period, which also beat Street forecasts. Five analysts surveyed by Zacks expected $3.8 billion.

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