Equities research analysts expect Guess?, Inc. (NYSE:GES) to announce earnings per share (EPS) of $0.53 for the current quarter, Zacks reports. Two analysts have made estimates for Guess?’s earnings, with the lowest EPS estimate coming in at $0.51 and the highest estimate coming in at $0.55. Guess? posted earnings per share of $0.41 during the same quarter last year, which suggests a positive year over year growth rate of 29.3%. The business is scheduled to announce its next earnings results on Wednesday, March 21st.
On average, analysts expect that Guess? will report full-year earnings of $0.62 per share for the current fiscal year, with EPS estimates ranging from $0.60 to $0.63. For the next year, analysts anticipate that the business will post earnings of $0.88 per share, with EPS estimates ranging from $0.84 to $0.91. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research analysts that follow Guess?.
Guess? (NYSE:GES) last announced its quarterly earnings results on Tuesday, November 21st. The company reported $0.12 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.11 by $0.01. The business had revenue of $554.00 million during the quarter, compared to analysts’ expectations of $569.75 million. Guess? had a negative net margin of 0.10% and a positive return on equity of 4.35%. The firm’s revenue for the quarter was up 3.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.11 EPS.
Shares of Guess? (NYSE GES) traded up $0.14 on Friday, reaching $15.88. 678,277 shares of the company’s stock traded hands, compared to its average volume of 1,299,260. The stock has a market cap of $1,305.69, a PE ratio of -392.25, a P/E/G ratio of 1.03 and a beta of 0.42. The company has a quick ratio of 1.36, a current ratio of 2.58 and a debt-to-equity ratio of 0.04. Guess? has a fifty-two week low of $9.56 and a fifty-two week high of $19.62.
In other Guess? news, Director Kay Isaacson-Leibowitz sold 4,000 shares of the firm’s stock in a transaction dated Wednesday, December 20th. The shares were sold at an average price of $17.73, for a total transaction of $70,920.00. Following the completion of the sale, the director now directly owns 38,433 shares in the company, valued at approximately $681,417.09. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 29.60% of the stock is owned by company insiders.
A number of large investors have recently added to or reduced their stakes in GES. Teachers Advisors LLC raised its position in shares of Guess? by 4.0% during the second quarter. Teachers Advisors LLC now owns 109,515 shares of the company’s stock valued at $1,400,000 after buying an additional 4,242 shares during the last quarter. Voya Investment Management LLC lifted its stake in Guess? by 17.0% in the second quarter. Voya Investment Management LLC now owns 26,649 shares of the company’s stock worth $341,000 after acquiring an additional 3,869 shares during the period. Stifel Financial Corp purchased a new stake in Guess? in the second quarter worth about $526,000. State Street Corp lifted its stake in Guess? by 2.0% in the second quarter. State Street Corp now owns 3,839,229 shares of the company’s stock worth $49,066,000 after acquiring an additional 75,571 shares during the period. Finally, Cubist Systematic Strategies LLC purchased a new stake in Guess? in the second quarter worth about $129,000. Institutional investors and hedge funds own 79.12% of the company’s stock.
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Guess?, Inc designs, markets, distributes and licenses a lifestyle collections of apparel and accessories for men, women and children. The Company operates through five segments: Americas Retail, Europe, Asia, Americas Wholesale and Licensing. The Americas Retail segment includes the Company’s retail and e-commerce operations in North and Central America and its retail operations in South America.
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