Guess? (NYSE:GES – Get Free Report) updated its FY26 earnings guidance on Thursday. The company provided EPS guidance of $1.32-1.76 for the period, compared to the consensus EPS estimate of $2.02. The company issued revenue guidance of $3.12-3.19 billion, compared to the consensus revenue estimate of $3.04 billion. Guess? also updated its Q1 guidance to $(0.74)-$(0.65) EPS.
Analyst Upgrades and Downgrades
A number of equities analysts recently commented on GES shares. Telsey Advisory Group decreased their target price on Guess? from $18.00 to $13.00 and set a “market perform” rating for the company in a report on Wednesday, March 26th. UBS Group decreased their price objective on shares of Guess? from $15.00 to $12.00 and set a “neutral” rating for the company in a report on Tuesday, March 11th.
Get Our Latest Research Report on GES
Guess? Stock Down 11.4 %
Guess? (NYSE:GES – Get Free Report) last issued its quarterly earnings results on Thursday, April 3rd. The company reported $1.48 earnings per share for the quarter, topping the consensus estimate of $1.45 by $0.03. The company had revenue of $932.25 million for the quarter, compared to analysts’ expectations of $916.75 million. Guess? had a return on equity of 23.29% and a net margin of 3.19%. The firm’s revenue for the quarter was up 4.6% on a year-over-year basis. During the same period in the prior year, the firm earned $2.01 earnings per share. On average, equities research analysts predict that Guess? will post 1.92 EPS for the current year.
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.
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