Guess? Inc reports results for the quarter ended October 31 - Earnings Summary

Guess?

26/11/2024 22:02

* Guess? Inc  GES.N  reported quarterly adjusted earnings of
34
cents​​ per share for the quarter ended October 31, lower than
the same quarter last year, when the company reported EPS of 49
cents.  The mean expectation of four analysts for the quarter
was for earnings of 38 cents per share. Wall Street expected
results to range from 25 cents to 44 cents per share.
    * Revenue rose 13.4% to $738.52 million from a year ago;
analysts
expected $747.44 million. 
    * Guess? Inc's reported EPS for the quarter was a loss of 47
cents​.
    * The company reported a quarterly loss of $23.4 million.
    * Guess? Inc shares had fallen by 10.4% this quarter and
lost 14.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 35.7%
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 "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the apparel &
accessories retailers peer group is also "hold"

Wall Street's median 12-month price target for Guess? Inc is
$21.00 
This summary was machine generated from LSEG data November 26 at
10:02 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
 Oct. 31 2024      0.38           0.34           Missed
 Jul. 31 2024      0.43           0.42           Missed
 Apr. 30 2024      -0.40          -0.27          Beat
 Jan. 31 2024      1.56           2.01           Beat