Guess? (NYSE:GES) Issues Q4 Earnings Guidance

Guess? (NYSE:GESGet Free Report) issued an update on its fourth quarter earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $1.37-1.52 for the period, compared to the consensus estimate of $1.96. The company issued revenue guidance of $910.65-939.17 million, compared to the consensus revenue estimate of $980.77 million.

Analyst Ratings Changes

Several equities research analysts recently issued reports on GES shares. Telsey Advisory Group reduced their price objective on shares of Guess? from $26.00 to $21.00 and set a “market perform” rating for the company in a research note on Thursday, August 29th. UBS Group lowered their price objective on shares of Guess? from $24.00 to $22.00 and set a “neutral” rating on the stock in a report on Friday, August 30th. Four analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, Guess? presently has an average rating of “Hold” and a consensus price target of $27.25.

View Our Latest Analysis on GES

Guess? Stock Down 3.9 %

Shares of NYSE GES traded down $0.71 during trading hours on Tuesday, hitting $17.33. The company had a trading volume of 1,608,654 shares, compared to its average volume of 1,112,802. The stock has a market capitalization of $891.11 million, a P/E ratio of 7.27 and a beta of 1.94. Guess? has a 1-year low of $16.05 and a 1-year high of $33.50. The firm’s 50 day moving average is $18.36 and its 200-day moving average is $20.83. The company has a quick ratio of 0.76, a current ratio of 1.47 and a debt-to-equity ratio of 1.01.

Guess? (NYSE:GESGet Free Report) last released its quarterly earnings results on Wednesday, August 28th. The company reported $0.42 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.01). Guess? had a net margin of 6.05% and a return on equity of 24.18%. The firm had revenue of $732.60 million during the quarter, compared to the consensus estimate of $729.96 million. During the same quarter last year, the firm earned $0.72 earnings per share. The business’s revenue for the quarter was up 10.2% compared to the same quarter last year. On average, analysts expect that Guess? will post 2.63 earnings per share for the current fiscal year.

Guess? Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Wednesday, September 11th were paid a $0.30 dividend. The ex-dividend date of this dividend was Wednesday, September 11th. This represents a $1.20 annualized dividend and a dividend yield of 6.92%. Guess?’s dividend payout ratio is presently 48.39%.

About Guess?

(Get Free Report)

Guess?, Inc designs, markets, distributes, and licenses lifestyle collections of apparel and accessories for men, women, and children. It operates through five segments: Americas Retail, Americas Wholesale, Europe, Asia, and Licensing. The company’s clothing collection includes jeans, pants, skirts, dresses, shorts, blouses, shirts, jackets, activewear, knitwear, and intimate apparel.

Read More

Earnings History and Estimates for Guess? (NYSE:GES)

Receive News & Ratings for Guess? Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Guess? and related companies with MarketBeat.com's FREE daily email newsletter.