Guess? (GES) Tops Q1 EPS by 9c

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Piper Jaffray Raised Price Target on Guess? (GES) After EPS Beat; Maintains Underweight

June 3, 2015 6:46 AM EDT

Piper Jaffray maintains an Underweight rating on Guess (NYSE: GES), and raised the price target to $16.50 (from $15.50), following Q1 results. Guess reported Q1 EPS of $0.04 beating estimates of ($0.06). Revenue was reported at $479M missing estimates of $486M. FY16 guidance was raised from $0.75-$0.95 to... More