Sterne Agee Lowers EPS Estimates on Guess? - Guess (NYSE:GES)

20-Year Pro Trader Reveals His "MoneyLine"

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A report from Sterne Agee reiterates its Buy rating and $56 price target, and lowers its FY12/13/14 EPS estimates from $3.35/$3.95/$4.76 to $3.24/$3.84/$4.66 on Guess? (NYSE: GES).The report states, “Last year GES earned $0.75. Guidance for Q3 included sales of $650-$655 million with an operating margin of 15% versus 15.1% last year with EPS at $0.71-$0.74. Given the adverse economic news in Europe we believe there is risk to estimates but we believe this is reflected in the stock price.”GES closed yesterday at $28.06

20-Year Pro Trader Reveals His "MoneyLine"

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