Guess?, Inc. Reports Second Quarter Results
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Piper Jaffray Reiterates Underweight on Guess? (GES) Following 2Q
August 25, 2016 9:24 AM EDTPiper Jaffray maintained an Underweight rating and $12.00 price target on Guess? (NYSE: GES) following the company's 2Q earnings report. Guess reported EPS of $0.14 vs. the Street at $0.06. Revenue was flat Y/Y and was driven by Europe, which grew 7% Y/Y in the quarter. Management reduced its FY17 Sales guidance calling for... More
Jefferies Raises Price Target on Guess? (GES) to $17 Following 2Q Beat
August 25, 2016 7:54 AM EDTJefferies reiterated a Hold rating on Guess (NYSE: GES), and raised the price target to $17.00 (from $16.00), following the company's 2Q earnings report. GES' EPS beat was driven by a top-line improvement in Europe and solid expense control.
Analyst Randal Konik commented,... More
B. Riley Upgrades Guess (GES) to Buy
August 25, 2016 7:25 AM EDTB. Riley upgraded Guess (NYSE: GES) from Neutral to Buy with a price target of $21.00.
For an analyst ratings summary and ratings history on Guess click here. For more ratings news on Guess click here.
Shares of Guess closed at $14.90 yesterday.
... MoreGuess? (GES) Declares $0.225 Quarterly Dividend; 6% Yield
August 24, 2016 4:21 PM EDTGuess? (NYSE: GES) declared a quarterly dividend of $0.225 per share, or $0.9 annualized.
The dividend will be payable on September 23, 2016, to stockholders of record on September 7, 2016, with an ex-dividend date of September 2, 2016.
The annual yield on the dividend is 6 percent.
For a... More
Guess? (GES) Tops Q2 EPS by 7c; Guides Higher
August 24, 2016 4:16 PM EDTGuess? (NYSE: GES) reported Q2 EPS of $0.14, $0.07 better than the analyst estimate of $0.07. Revenue for the quarter came in at $545 million versus the consensus estimate of $550.53 million.
GUIDANCE:
Guess? sees FY2017 EPS of $0.62-$0.75, versus the consensus of $0.60.
Consolidated net revenues are expected to increase between 3.0% and 5.0% in U.S. dollars. Currency tailwinds are expected to positively impact consolidated revenue growth by approximately 0.5%. Excluding the impact of currency, consolidated net revenues are... More

