Guess? (GES) Tops Q3 EPS by 4c
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Piper Jaffray's Estimates for Guess? (GES) Remain Largely Unchanged Post 3Q; Reiterates Neutral
November 25, 2015 9:31 AM ESTPiper 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
November 25, 2015 8:55 AM ESTJefferies 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
November 25, 2015 7:29 AM ESTMizuho 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
November 25, 2015 6:53 AM ESTCowen 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
