The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Gildan Activewear's revenues will grow 7.5% and EPS will expand 147.8%.
The average estimate for revenue is $519.0 million. On the bottom line, the average EPS estimate is $0.57.
Last quarter, Gildan Activewear tallied revenue of $420.8 million. GAAP reported sales were 39% higher than the prior-year quarter's $303.8 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.32. GAAP EPS were $0.29 for Q1 compared to -$0.38 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 26.8%, much better than the prior-year quarter. Operating margin was 10.3%, much better than the prior-year quarter. Net margin was 8.4%, much better than the prior-year quarter.
The full year's average estimate for revenue is $2.16 billion. The average EPS estimate is $2.67.
The stock has a three-star rating (out of five) at Motley Fool CAPS, with 242 members out of 260 rating the stock outperform, and 18 members rating it underperform. Among 75 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 72 give Gildan Activewear a green thumbs-up, and three give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Gildan Activewear is outperform, with an average price target of $38.68.
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