Market Overview

Earnings Preview for Guess?

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Guess? (NYSE: GES) announces its next round of earnings this Wednesday, September 02. Here is Benzinga's look at Guess?'s Q2 earnings report.

Earnings and Revenue

Based on management's projections, Guess? analysts modeled for a loss of $0.57 per share on sales of $384.82 million. Guess? reported a profit of $0.38 per share when it published results during the same quarter last year. Sales in that period totaled $683.22 million. If the company were to match the consensus estimate when it reports Wednesday, earnings per share would be down 250.0%. Guess?'s reported EPS has stacked up against analyst estimates in the past like this:

Quarter Q1 2020 Q4 2020 Q3 2019 Q2 2019
EPS Estimate -0.88 1.12 0.20 0.29
EPS Actual -1.81 1.22 0.22 0.38
Revenue Estimate 312.09 M 851.19 M 620.92 M 671.42 M
Revenue Actual 260.25 M 842.25 M 615.94 M 683.22 M

Stock Performance

Shares of Guess? were trading at $11.5 as of September 02. Over the last 52-week period, shares are down 32.19%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.

Don't be surprised to see the stock move on comments made during its conference call. Guess? is scheduled to hold the call at 08:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/96qdpbhd

 

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