Guess? and Pandora Shares Interest Investors and Traders Before Earnings
Guess?, Inc. (NYSE:GES) will unveil its latest earnings on Wednesday, November 23, 2011. The average estimate of analysts is for profit of 74 cents per share, a decline of 1.3% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 86 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 74 cents during the last month. For the year, analysts are projecting net income of $3.32 per share, a rise of 6.8% from last year.
The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 3 cents, reporting profit of 84 cents per share against a mean estimate of net income of 81 cents per share. On average, analysts predict $655.2 million in revenue this quarter, a rise of 6.7% from the year ago quarter. Analysts are forecasting total revenue of $2.74 billion for the year, a rise of 10% from last year’s revenue of $2.49 billion.
Competitors to Watch: Liz Claiborne, Inc. (NYSE:LIZ), The Wet Seal, Inc. (NASDAQ:WTSLA), Express, Inc. (NYSE:EXPR), Destination Maternity Corp. (NASDAQ:DEST), The Cato Corporation (NYSE:CATO), bebe stores, inc. (NASDAQ:BEBE), Cache, Inc. (NASDAQ:CACH), Carter’s, Inc. (NYSE:CRI), The Talbots, Inc. (NYSE:TLB), and Ascena Retail Group Inc (NASDAQ:ASNA).
Analysts are projecting revenue of $71 million.
Competitors to Watch: Sirius XM Radio Inc. (NASDAQ:SIRI), Linkedin Corporation (NYSE:LNKD), Google Inc. (NASDAQ:GOOG), Apple Inc. (NASDAQ:AAPL), CBS Corporation (NYSE:CBS), Amazon.com, Inc. (NASDAQ:AMZN), Comcast Corporation (NASDAQ:CMCSA), and Time Warner Cable Inc. (NYSE:TWC).