Guess? (NYSE:GES) Issues Q1 Earnings Guidance

Guess? (NYSE:GES) updated its first quarter earnings guidance on Thursday. The company provided EPS guidance of $(0.74)-$(0.65) for the period, compared to the consensus EPS estimate of ($0.23). The company issued revenue guidance of $626.23-636.29 million, compared to the consensus revenue estimate of $629.23 million. Guess? also updated its FY26 guidance to $1.32-1.76 EPS.

Guess? Stock Down 11.4 %

Shares of GES stock traded down $1.30 during trading hours on Thursday, reaching $10.09. The company had a trading volume of 3,204,205 shares, compared to its average volume of 1,235,305. The company has a market capitalization of $518.94 million, a P/E ratio of 8.47 and a beta of 1.87. The stock’s fifty day simple moving average is $11.72 and its 200 day simple moving average is $14.94. Guess? has a twelve month low of $9.24 and a twelve month high of $32.08. The company has a debt-to-equity ratio of 1.18, a quick ratio of 0.74 and a current ratio of 1.54.

Guess? (NYSE:GES) last posted its quarterly earnings results on Thursday, April 3rd. The company reported $1.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.41 by $0.07. Guess? had a net margin of 3.19% and a return on equity of 23.29%. The firm had revenue of $932.25 million for the quarter, compared to analysts’ expectations of $916.75 million. During the same period in the prior year, the company posted $2.01 earnings per share. The firm’s quarterly revenue was up 4.6% on a year-over-year basis. As a group, sell-side analysts expect that Guess? will post 1.92 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts have commented on the stock. UBS Group dropped their price target on shares of Guess? from $15.00 to $12.00 and set a “neutral” rating on the stock in a research report on Tuesday, March 11th. Telsey Advisory Group reduced 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.

Guess? Company Profile

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.