Guess? (GES) Scheduled to Post Quarterly Earnings on Wednesday
Guess? (NYSE:GES) is scheduled to announce its earnings results on Wednesday, August 27th. Guess? has set its Q2 guidance at $0.25-0.30 EPS and its FY15 guidance at $1.40-4.60 EPS.Parties interested in listening to the company’s conference call can do so using this link.
Guess? (NYSE:GES) last released its earnings data on Thursday, May 29th. The company reported ($0.03) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.06) by $0.03. The company had revenue of $522.50 million for the quarter, compared to the consensus estimate of $528.44 million. During the same quarter last year, the company posted $0.14 earnings per share. Guess?’s revenue was down 4.8% compared to the same quarter last year. On average, analysts expect Guess? to post $1.46 EPS for the current fiscal year and $1.74 EPS for the next fiscal year.
Shares of Guess? (NYSE:GES) opened at 25.90 on Tuesday. Guess? has a one year low of $24.60 and a one year high of $34.94. The stock’s 50-day moving average is $26.48 and its 200-day moving average is $27.45. The company has a market cap of $2.208 billion and a P/E ratio of 15.67.
Several analysts have recently commented on the stock. Analysts at Standpoint Research upgraded shares of Guess? from a “hold” rating to a “buy” rating in a research note on Friday. They now have a $32.00 price target on the stock, down previously from $480.00. On the ratings front, analysts at Piper Jaffray downgraded shares of Guess? from an “overweight” rating to a “neutral” rating in a research note on Tuesday, August 19th. They now have a $25.00 price target on the stock, down previously from $29.00. Finally, analysts at Wunderlich initiated coverage on shares of Guess? in a research note on Thursday, August 14th. They set a “buy” rating and a $31.00 price target on the stock. Six equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $30.92.
Guess?, Inc (NYSE:GES) designs, markets, distributes and licenses apparel and accessories for men, women and children.
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