Guess: Q2 Earnings Insights


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Shares of Guess (NYSE:GES) fell in after-market trading after the company reported Q2 results.

Quarterly Results

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Earnings per share rose 9700.00% over the past year to $0.96, which beat the estimate of $0.70.

Revenue of $628,624,000 higher by 57.73% from the same period last year, which missed the estimate of $648,600,000.

Outlook

Guess hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

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Price Action

52-week high: $31.12

52-week low: $10.98

Price action over last quarter: down 21.18%

Company Profile

Guess? Inc designs, markets distributes, and licenses contemporary apparel and accessories that reflect European fashion sensibilities under brands including Guess, Marciano, and G by Guess. The company has five reportable segments namely Americas Retail, Americas Wholesale, Europe, Asia, and licensing. It generates maximum revenue from the Europe segment.


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: EarningsBZI-Recaps