Guess? (GES) Misses Q4 EPS by 1c, Q1 & FY17 EPS Guidance Misses
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Jefferies Remains Sidelined on Guess? (GES) Following a Mixed 4Q Review
March 17, 2016 8:45 AM EDTJefferies maintained a Hold rating on Guess (NYSE: GES), and cut the price target to $20.00 (from $22.00), following the company's 4Q earnings report. While 4Q results hit the midpoint of guidance and fell just a penny shy of consensus, the complexion was mixed,... More
Piper Jaffray Remains Sidelined After Guess? (GES) Releases Weak Guidance
March 17, 2016 6:51 AM EDTPiper Jaffray reiterated a Neutral rating on Guess (NYSE: GES), and cut the price target to $15.00 (from $18.00), following the company's 4Q. While Q4 EPS was in line with expectations, FY17 guidance came in well below Piper's $1.03 estimate at $0.65-$0.85 for the year. Guidance implies earnings are 2H weighted with a... More
