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

Guess?

21/11/2023 22:48

* Guess? Inc  GES.N  reported quarterly adjusted earnings of
49
cents​​ per share for the quarter ended in October, higher than
the same quarter last year, when the company reported EPS of 44
cents.  The mean expectation of five analysts for the quarter
was for earnings of 61 cents per share. Wall Street expected
results to range from 59 cents to 64 cents per share.
    * Revenue rose 2.8% to $651.17 million from a year ago;
analysts
expected $655.58 million. 
    * Guess? Inc's reported EPS for the quarter was 82 cents​.
    * The company reported quarterly net income of $55.7
million.
    * Guess? Inc shares had risen by 11.6% this quarter and
gained 16.7% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 14.1%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for Guess? Inc
is
$28.00 

This summary was machine generated from LSEG data November 21 at
10:47 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Oct. 31 2023      0.61           0.49           Missed
 Jul. 31 2023      0.40           0.72           Beat
 Apr. 30 2023      -0.28          -0.07          Beat
 Jan. 31 2023      1.30           1.74           Beat