Guess’ (NYSE:GES) Announces Quarterly Earnings Results

Guess’ (NYSE:GES) released its earnings results on Tuesday. The company reported $1.18 earnings per share for the quarter, topping the consensus estimate of $0.56 by $0.62, Fidelity Earnings reports. Guess’ had a negative net margin of 3.48% and a positive return on equity of 0.03%. During the same quarter in the prior year, the firm posted $1.22 EPS.

NYSE GES traded up $1.86 during mid-day trading on Thursday, reaching $25.36. 29,512 shares of the stock were exchanged, compared to its average volume of 770,591. The business’s 50 day moving average is $25.26 and its 200-day moving average is $19.45. Guess’ has a 1 year low of $5.60 and a 1 year high of $28.30. The company has a market capitalization of $1.61 billion, a P/E ratio of -23.46 and a beta of 2.08. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.01 and a current ratio of 1.54.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 30th. Stockholders of record on Wednesday, April 14th will be issued a $0.1125 dividend. This represents a $0.45 annualized dividend and a dividend yield of 1.77%. Guess”s dividend payout ratio (DPR) is currently 31.03%.

Several analysts have weighed in on GES shares. Telsey Advisory Group boosted their target price on shares of Guess’ from $24.00 to $27.00 and gave the stock a “market perform” rating in a research report on Thursday. B. Riley reaffirmed a “buy” rating and issued a $29.00 price objective (up from $27.00) on shares of Guess’ in a report on Thursday. Zacks Investment Research raised shares of Guess’ from a “hold” rating to a “buy” rating and set a $23.00 price objective on the stock in a report on Tuesday, December 29th. Finally, TheStreet raised shares of Guess’ from a “d” rating to a “c-” rating in a report on Wednesday, December 2nd.

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, knitwear, and intimate apparel.

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Earnings History for Guess` (NYSE:GES)

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