Guess? (NYSE:GES) Issues FY 2020 Pre-Market Earnings Guidance

Guess? (NYSE:GES) issued an update on its FY 2020
Pre-Market earnings guidance on Tuesday morning. The company provided earnings per share guidance of 1.31-1.36 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.35. The company issued revenue guidance of $2.68-2.688 billion, compared to the consensus revenue estimate of $2.69 billion.Guess? also updated its FY 2025
Pre-Market guidance to 3.00-3.00 EPS.

GES stock opened at $19.15 on Tuesday. The firm has a 50 day moving average of $17.78 and a 200-day moving average of $16.82. The company has a current ratio of 1.52, a quick ratio of 0.73 and a debt-to-equity ratio of 1.73. Guess? has a 12 month low of $13.34 and a 12 month high of $24.25. The firm has a market capitalization of $1.26 billion, a P/E ratio of 19.54, a price-to-earnings-growth ratio of 0.81 and a beta of 0.45.

Guess? (NYSE:GES) last posted its earnings results on Tuesday, November 26th. The company reported $0.22 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.18 by $0.04. The business had revenue of $615.90 million for the quarter, compared to analyst estimates of $620.52 million. Guess? had a net margin of 1.48% and a return on equity of 12.54%. Guess?’s revenue was up 1.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.13 EPS. Sell-side analysts predict that Guess? will post 1.35 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 2nd. Shareholders of record on Wednesday, December 11th will be issued a $0.1125 dividend. This represents a $0.45 annualized dividend and a yield of 2.35%. The ex-dividend date is Tuesday, December 10th. Guess?’s payout ratio is 45.92%.

Several research analysts have recently weighed in on GES shares. Evercore ISI reaffirmed a buy rating and issued a $22.00 price target on shares of Guess? in a report on Sunday. B. Riley reissued a buy rating and set a $25.00 price objective on shares of Guess? in a research note on Wednesday, November 27th. TheStreet upgraded Guess? from a c+ rating to a b rating in a research report on Tuesday, November 26th. Cfra set a $16.00 target price on Guess? and gave the stock a hold rating in a research note on Thursday, August 29th. Finally, Zacks Investment Research reaffirmed a positive rating on shares of Guess? in a report on Wednesday, October 16th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company currently has an average rating of Buy and a consensus target price of $21.33.

Guess? Company Profile

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, knitwear, and intimate apparel.

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

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