Gildan Activewear (NYSE:GIL) reported its Q1 earnings results on Wednesday, May 4, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Gildan Activewear beat estimated earnings by 38.18%, reporting an EPS of $0.76 versus an estimate of $0.55.
Revenue was up $185.30 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.21 which was followed by a 2.01% drop in the share price the next day.
Here's a look at Gildan Activewear's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.55 | 0.55 | 0.50 | 0.19 |
| EPS Actual | 0.76 | 0.80 | 0.68 | 0.48 |
| Revenue Estimate | 715.51M | 715.51M | 702.61M | 487.15M |
| Revenue Actual | 784.25M | 801.60M | 747.20M | 589.60M |
To track all earnings releases for Gildan Activewear visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
