Guess? Inc reports results for the quarter ended in January - Earnings Summary

Guess?

20/03/2024 21:01

* Guess? Inc  GES.N  reported quarterly adjusted earnings of
$2.01​​ per share for the quarter ended in January, higher than
the same quarter last year, when the company reported EPS of
$1.74.  The mean expectation of five analysts for the quarter
was for earnings of $1.56 per share. Wall Street expected
results to range from $1.49  to $1.62 per share.
    * Revenue rose 9% to $891.05 million from a year ago;
analysts
expected $855.54 million. 
    * Guess? Inc's reported EPS for the quarter was $1.71​.
    * The company reported quarterly net income of $115.27
million.
    * Guess? Inc shares had risen by 9.1% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.8%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Guess? Inc
is
$26.18 

This summary was machine generated from LSEG data March 20 at
09:01 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jan. 31 2024      1.56           2.01           Beat
 Oct. 31 2023      0.61           0.49           Missed
 Jul. 31 2023      0.40           0.72           Beat
 Apr. 30 2023      -0.28          -0.07          Beat