Guess? (NYSE:GES) Releases Q4 Earnings Guidance

Guess? (NYSE:GES) updated its fourth quarter earnings guidance on Tuesday. The company provided earnings per share guidance of $1.37-1.52 for the period, compared to the consensus earnings per share estimate of $1.96. The company issued revenue guidance of $910.65-939.17 million, compared to the consensus revenue estimate of $980.77 million. Guess? also updated its FY 2025 guidance to 1.850-2.000 EPS.

Guess? Trading Down 5.4 %

Shares of NYSE GES opened at $16.39 on Thursday. The firm has a 50 day moving average price of $18.26 and a two-hundred day moving average price of $20.74. The stock has a market cap of $842.81 million, a P/E ratio of 6.61 and a beta of 1.94. Guess? has a 52-week low of $15.24 and a 52-week high of $33.50. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.76 and a current ratio of 1.47.

Guess? (NYSE:GES) last announced its earnings results on Tuesday, November 26th. The company reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.37 by ($0.03). The company had revenue of $738.52 million for the quarter, compared to the consensus estimate of $747.36 million. Guess? had a return on equity of 24.18% and a net margin of 6.05%. The firm’s revenue for the quarter was up 13.4% on a year-over-year basis. During the same period in the prior year, the business earned $0.49 earnings per share. As a group, equities analysts forecast that Guess? will post 2.63 EPS for the current year.

Guess? Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Investors of record on Wednesday, December 11th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 7.32%. The ex-dividend date of this dividend is Wednesday, December 11th. Guess?’s payout ratio is presently 48.39%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on GES. UBS Group dropped their price target on shares of Guess? from $18.00 to $16.00 and set a “neutral” rating on the stock in a research report on Wednesday. Telsey Advisory Group dropped their target price on shares of Guess? from $21.00 to $18.00 and set a “market perform” rating on the stock in a report on Wednesday. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $25.00.

About Guess?

Guess?, Inc designs, markets, distributes, and licenses lifestyle collections of apparel and accessories for men, women, and children. It operates through five segments: Americas Retail, Americas Wholesale, Europe, Asia, and Licensing. The company’s clothing collection includes jeans, pants, skirts, dresses, shorts, blouses, shirts, jackets, activewear, knitwear, and intimate apparel.