Guess? (NYSE:GES – Get Free Report) issued an update on its first quarter earnings guidance on Thursday morning. The company provided earnings per share guidance of $(0.74)-$(0.65) for the period, compared to the consensus earnings per share estimate of ($0.23). The company issued revenue guidance of $626.23-636.29 million, compared to the consensus revenue estimate of $629.23 million. Guess? also updated its FY26 guidance to $1.32-1.76 EPS.
Wall Street Analyst Weigh In
A number of equities research analysts have recently weighed in on GES shares. UBS Group cut their price target on shares of Guess? from $15.00 to $12.00 and set a “neutral” rating on the stock in a report on Tuesday, March 11th. Telsey Advisory Group cut their price target on Guess? from $18.00 to $13.00 and set a “market perform” rating on the stock in a research report on Wednesday, March 26th.
Check Out Our Latest Stock Analysis on Guess?
Guess? Price Performance
Guess? (NYSE:GES – Get Free Report) last announced its quarterly earnings data on Thursday, April 3rd. The company reported $1.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.45 by $0.03. The firm had revenue of $932.25 million during the quarter, compared to analyst estimates of $916.75 million. Guess? had a net margin of 3.19% and a return on equity of 23.29%. Guess?’s quarterly revenue was up 4.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.01 earnings per share. As a group, equities analysts anticipate that Guess? will post 1.92 EPS for the current year.
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, activewear, knitwear, and intimate apparel.
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