Guess? (NYSE:GES) Announces Quarterly Earnings Results, Misses Expectations By $0.03 EPS

Guess? (NYSE:GES) issued its earnings results on Tuesday. The company reported $0.34 EPS for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.03), Briefing.com reports. Guess? had a return on equity of 23.68% and a net margin of 3.19%. The firm had revenue of $738.52 million for the quarter, compared to analysts’ expectations of $747.36 million. During the same period last year, the firm earned $0.49 earnings per share. Guess?’s revenue for the quarter was up 13.4% on a year-over-year basis.

Guess? Stock Performance

NYSE GES opened at $16.39 on Friday. The company has a market cap of $842.77 million, a P/E ratio of 13.77 and a beta of 1.94. Guess? has a 1-year low of $15.24 and a 1-year high of $33.50. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.54 and a quick ratio of 0.76. The stock has a 50-day moving average of $18.19 and a two-hundred day moving average of $20.71.

Guess? Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Wednesday, December 11th will be issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 7.32%. The ex-dividend date of this dividend is Wednesday, December 11th. Guess?’s dividend payout ratio (DPR) is 100.84%.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Telsey Advisory Group cut their price objective on Guess? from $21.00 to $18.00 and set a “market perform” rating for the company in a research report on Wednesday. UBS Group decreased their price objective on shares of Guess? from $18.00 to $16.00 and set a “neutral” rating on the stock in a report on Wednesday. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $25.00.

About Guess?

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.