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Gap 2Q Earnings Beat Estimates
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Description
FBN’s Robert Gray breaks down Gap’s second-quarter earnings results.
- Duration 0:52
- Date Aug 16, 2012
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Transcript
This transcript is automatically generated
I'm Robert graduate you're Fox Business -- -- posting strong second quarter results but its full year outlook is falling short that a -- is higher than its previous estimate.
Still trades -- trails analysts' estimates.
-- post all meanwhile seeing red and after hours trading on its weak forecast for the current quarter.
The retailer -- -- soft start to back to school selling season for the lower guidance.
-- also reporting second quarter results with earnings -- -- estimates with estimates while revenues fell short.
And a bullish note for stocks in regular trading on Wall Street today with the S&P 500 hitting a four month high.
Cisco Systems helped push the blue chips higher after hiking its dividend by 75%.
The closing bell the Dow -- up 85 points at thirteen thousand -- fifty that is the latest from Fox Business giving you the power to.
