Jefferies Cuts Price Target on Guess? (GES) to $18 Following 1Q Miss
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May 26, 2016 9:32 AM EDTToday's Pre-Open Stock Movers:
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Paragon Shipping Inc. (NASDAQ: PRGN) 47.2% LOWER; announced that it has received written notification from The NASDAQ Stock Market dated May 19, 2016, indicating that because the Company's stockholders' equity as of December 31, 2015 was below $2,500,000, the Company no longer meets the minimum stockholders' equity requirement for The NASDAQ Capital Market, set forth in NASDAQ Listing Rule 5550(b)(1). Pursuant to the NASDAQ Listing Rules, the Company has 45 calendar days to submit a plan to regain compliance. If the plan is accepted, NASDAQ can grant an extension of up... More
Guess? (GES) Misses Q1 EPS by 4c; Issues Light EPS Guidance
May 25, 2016 4:20 PM EDTGuess? (NYSE: GES) reported Q1 EPS of ($0.23), $0.04 worse than the analyst estimate of ($0.19). Revenue for the quarter came in at $448.8 million versus the consensus estimate of $464.37 million.
Americas Retail revenues decreased 5% in U.S. dollars and 3% in constant currency; retail comp sales... MoreUPDATE: Guess? (GES) Misses Q1 EPS by 4c, Lowers FY Guidance
May 25, 2016 4:19 PM EDT(Updated - May 25, 2016 4:22 PM EDT)
Guess? (NYSE: GES) reported Q1 EPS of ($0.23), $0.04 worse than the analyst estimate of ($0.19). Revenue for the quarter came in at $426.5 million versus the consensus estimate of $464.37 million.
Victor Herrero, Chief Executive Officer, commented, "Our first quarter adjusted operating loss finished at the low-end of our guidance as sales finished below our expectations. In the Americas, our retail business in the US and Canada was very challenging, especially in the month of April. In Europe, our retail business performed extremely well and delivered positive comp... More
Standpoint Research Upgrades Guess (GES) to Buy
May 25, 2016 2:14 PM EDTStandpoint Research earlier upgraded Guess (NYSE: GES) from Hold to Buy.
For an analyst ratings summary and ratings history on Guess click here. For more ratings news on Guess click here.
Shares of Guess closed at $16.26 yesterday.
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