GAP (GPS $25.51 -0.80) reported first quarter earnings of $0.47 per share, $0.01 better than the Capital IQ Consensus Estimate of $0.46. Revenues rose 5.8% year over year to $3.49 billion versus the $3.4 billion consensus. The company raised its fiscal year 2013 EPS guidance to $1.78-1.83 from $1.75-1.80, however, this comes in below the $1.98 Capital IQ Consensus Estimate.






