Guess? (GES) Declares $0.225 Quarterly Dividend; 6% Yield

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Piper Jaffray Reiterates Underweight on Guess? (GES) Following 2Q

August 25, 2016 9:24 AM EDT

Piper Jaffray maintained an Underweight rating and $12.00 price target on Guess? (NYSE: GES) following the company's 2Q earnings report. Guess reported EPS of $0.14 vs. the Street at $0.06. Revenue was flat Y/Y and was driven by Europe, which grew 7% Y/Y in the quarter. Management reduced its FY17 Sales guidance calling for... More

Jefferies Raises Price Target on Guess? (GES) to $17 Following 2Q Beat

August 25, 2016 7:54 AM EDT

Jefferies reiterated a Hold rating on Guess (NYSE: GES), and raised the price target to $17.00 (from $16.00), following the company's 2Q earnings report. GES' EPS beat was driven by a top-line improvement in Europe and solid expense control.

Analyst Randal Konik commented,... More

Guess? (GES) Tops Q2 EPS by 7c; Guides Higher

August 24, 2016 4:16 PM EDT

Guess? (NYSE: GES) reported Q2 EPS of $0.14, $0.07 better than the analyst estimate of $0.07. Revenue for the quarter came in at $545 million versus the consensus estimate of $550.53 million.

GUIDANCE:

Guess? sees FY2017 EPS of $0.62-$0.75, versus the consensus of $0.60.

Consolidated net revenues are expected to increase between 3.0% and 5.0% in U.S. dollars. Currency tailwinds are expected to positively impact consolidated revenue growth by approximately 0.5%. Excluding the impact of currency, consolidated net revenues are... More