Guess? GES announces its next round of earnings this Wednesday, August 28. Here is Benzinga's everything-that-matters guide for the Q2 earnings announcement.
Earnings and Revenue
Sell-side analysts expect Guess's EPS to be near 29 cents on sales of $671.42 million.
In the same quarter last year, Guess announced EPS of 36 cents on revenue of $645.87 million. The analyst consensus estimate would represent a 19.44% decline in the company's EPS figure. Revenue would be up 3.96% from the same quarter last year. Guess's reported EPS has stacked up against analyst estimates in the past like this:
Quarter | Q1 2020 | Q3 2019 | Q2 2019 |
EPS Estimate | -0.260 | 0.32 | |
EPS Actual | -0.250 | 0.13 | 0.36 |
Stock Performance
Over the last 52-week period, shares are down 38.44%. Given that these returns are generally negative, long-term shareholders are probably unhappy going into this earnings release. Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. The average rating by analysts on Guess stock is a Neutral. The validity of this rating has maintained conviction over the past 90 days.
Conference Call
Guess is scheduled to hold a conference call at 4:45 p.m. ET and can be accessed here: https://edge.media-server.com/mmc/p/p7qau8mf
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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