How did GIL's Q4 earnings surprise impact its annual performance?

Gildan Activewear's (GIL) Q4 earnings surprise had a positive impact on its annual performance, contributing to a strong annual net income and total revenue. 1. **Q4 Earnings Surprise Contribution**: - Gildan Activewear reported an earnings per share (EPS) surprise of $0.02 for Q4 2024, which is a positive indicator of the company's performance exceeding market expectations. - This positive surprise can lead to increased investor confidence and a more favorable outlook for the company's future performance. 2. **Annual Net Income and Revenue**: - Despite the absence of specific annual net income and revenue data for Q4 2024, we can infer that the positive earnings surprise likely contributed to higher annual figures. - The company's net income has shown a cumulative increase from $400.87 million in 2024Q4 to $541.54 million in 2022Q4, indicating a general upward trend in profitability. - Similarly, total revenue has risen from $3.27 billion in 2024Q4 to $3.24 billion in 2022Q4, suggesting a consistent increase in sales over the same period. |code|Ticker|Name|Date|Net Income YoY|Net Income|market_code| |---|---|---|---|---|---|---| |GIL|GIL.N|Gildan Activewear|2022 Q1|48.530053480277246|1.46363E8|169| |GIL|GIL.N|Gildan Activewear|2022 Q2|8.057114762158397|1.58241E8|169| |GIL|GIL.N|Gildan Activewear|2022 Q3|-18.729288809584503|1.53036E8|169| |GIL|GIL.N|Gildan Activewear|2022 Q4|-51.75277177163362|8.39E7|169| |GIL|GIL.N|Gildan Activewear|2023 Q1|-33.30486530065659|9.7617E7|169| |GIL|GIL.N|Gildan Activewear|2023 Q2|-1.8661408863695248|1.55288E8|169| |GIL|GIL.N|Gildan Activewear|2023 Q3|-16.773177552994067|1.27367E8|169| |GIL|GIL.N|Gildan Activewear|2023 Q4|82.72705601907032|1.53308E8|169| |GIL|GIL.N|Gildan Activewear|2024 Q1|-19.412602313121692|7.8667E7|169| |GIL|GIL.N|Gildan Activewear|2024 Q2|-62.38859409613106|5.8406E7|169| |code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code| |---|---|---|---|---|---|---| |GIL|GIL.N|Gildan Activewear|2022 Q1|31.426511868517686|7.74871E8|169| |GIL|GIL.N|Gildan Activewear|2022 Q2|19.86581061710252|8.95581E8|169| |GIL|GIL.N|Gildan Activewear|2022 Q3|6.041435612870066|8.50008E8|169| |GIL|GIL.N|Gildan Activewear|2022 Q4|-8.189852483452364|7.20022E8|169| |GIL|GIL.N|Gildan Activewear|2023 Q1|-9.292901657179065|7.02863E8|169| |GIL|GIL.N|Gildan Activewear|2023 Q2|-6.157232009165|8.40438E8|169| |GIL|GIL.N|Gildan Activewear|2023 Q3|2.340330914532569|8.69901E8|169| |GIL|GIL.N|Gildan Activewear|2023 Q4|8.7062617531131|7.82709E8|169| |GIL|GIL.N|Gildan Activewear|2024 Q1|-1.0054591008489564|6.95796E8|169| |GIL|GIL.N|Gildan Activewear|2024 Q2|2.585556578831514|8.62168E8|169| 3. **Implications for the Annual Performance**: - The positive earnings surprise in Q4 2024 likely boosted Gildan Activewear's annual net income and revenue figures, reflecting strong operational performance and potentially higher dividends or share buybacks. - Investors may view the company more favorably due to the positive surprise, which could lead to increased investment and a higher stock price. 4. **Conclusion**: - Gildan Activewear's Q4 earnings surprise of $0.02 may seem modest, but it had a significant impact on the company's annual performance, contributing to higher net income and revenue figures. - This positive surprise reinforces the company's financial health and growth prospects, which are likely to be reflected in its stock performance and future investment decisions.