Guess Beats Earnings Estimates; Shares Fall (GES)

Guess Inc. GES released its second-quarter earnings numbers this afternoon after the closing bell. The company reported net income of $66.8 million, or $0.72 per share, compared to $59.6 million or $0.64 per share in the year ago quarter. This beat analysts' consensus EPS estimates of $0.68 per share. Net revenue was up 10.5% year over year to $577.1 million. This came in just ahead of Wall Street revenue estimates which were set at $576.38 million. In the after hours trading session, GES shares have fallen 4.26% to $36.60.