Guess?, Inc. Reports Third Quarter Results

Piper Jaffray's Estimates for Guess? (GES) Remain Largely Unchanged Post 3Q; Reiterates Neutral

Piper Jaffray maintained a Neutral rating on Guess (NYSE: GES), and cut the price target to $18.00 (from $19.00), following the company's 3Q earnings report. Guess reported Q3 EPS of $0.15 vs. the Street's $0.11 estimate. Revenue declined 11.7% to $521M, but was ahead of $516M estimates.

Analyst Erinn... More

Jefferies Sees Opportunity for Guess? (GES) in Asia; Jefferies Raises Price Target to $22

Jefferies reiterated a Hold rating on Guess (NYSE: GES), and raised the price target to $22.00 (from $21.00), following the company's 3Q earnings beat. The 3Q beat was in part fueled by upside in Europe, offsetting softness in the Americas. The healthy trends are expected to... More

Mizuho Securities Encouraged by Improving Retail Trends for Guess? (GES); Raises Price Target to $19

Mizuho Securities reiterated a Neutral rating on Guess (NYSE: GES), and raised the price target to $19.00 (from $17.00), to reflect SG&A control and modest improvements to the underlying European and Asian businesses. 3Q EPS of $0.15 beat consensus $0.11 estimate. After stripping out the ~$0.40 FX... More

Cowen Reiterates Outperform on Guess? (GES) Following 3Q

Cowen reiterated a Market Perform rating and $21.00 price target on Guess (NYSE: GES) following the company's 3Q earnings report. New CEO Victor Herrero is making progress on the strategic initiatives he initially outlined in GES's 2Q call in late August. Herrero made... More

Guess? (GES) Tops Q3 EPS by 4c

Guess? (NYSE: GES) reported Q3 EPS of $0.15, $0.04 better than the analyst estimate of $0.11. Revenue for the quarter came in at $521 million versus the consensus estimate of $521.68 million.

Guess? sees Q4 2016 EPS of $0.53-$0.62, versus the consensus of $0.59.

Guess? sees FY2016 EPS of... More