NEW YORK (TheStreet) -- Gap Inc. (GPS) is scheduled to release its 2015 first quarter earnings results after the market close this afternoon. Analysts are expecting the global apparel retail company to post a slight decline in earnings and revenue for the quarter ended April 2015.
The company has been forecast to report earnings of 56 cents per share on revenue of $3.75 billion for the most recent quarter.
Last year, GAP said it earned 58 cents per share on net sales of $3.77 billion, for the 2014 first quarter.
Shares of Gap are down by 0.18% to $38.60 in mid-morning trading on Thursday.
Gap is a San Francisco, CA.-based clothing and accessories retailer that operates under a variety of brand names including Gap, Banana Republic, Old Navy, Piperlime and Athleta.
Separately, TheStreet Ratings team rates GAP INC as a Buy with a ratings score of A-. TheStreet Ratings Team has this to say about their recommendation:
"We rate GAP INC (GPS) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, reasonable valuation levels, good cash flow from operations and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook."
Highlights from the analysis by TheStreet Ratings Team goes as follows: