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Gap Inc. Q3 adjusted earnings Miss Estimates

Below are the earnings highlights for Gap Inc. (GPS):

-Earnings: -$152 million in Q3 vs. $95 million in the same period last year.
-EPS: -$0.40 in Q3 vs. $0.25 in the same period last year.
-Excluding items, Gap Inc. reported adjusted earnings of $102 million or $0.27 per share for the period.
-Analysts projected $0.50 per share
-Revenue: $3.94 billion in Q3 vs. $3.99 billion in the same period last year.

-Guidance:
Full year EPS guidance: $1.25 to $1.40

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