Guess Earnings: Here’s Why the Stock is Rising Now

Guess Inc. (NYSE:GES) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are up 18%.

Guess Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased 6.12% to $0.52 in the quarter versus EPS of $0.49 in the year-earlier quarter.

Revenue: Rose 0.57% to $639 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Guess Inc. reported adjusted EPS income of $0.52 per share. By that measure, the company beat the mean analyst estimate of $0.36. It beat the average revenue estimate of $622.87 million.

Quoting Management: Paul Marciano, Chief Executive Officer, commented, “We are pleased to deliver second quarter earnings that exceeded our expectations. The earnings not only reflect the achievement of our revenue expectations for the quarter, but also the benefits of our expense management and cost control efforts.”

Key Stats (on next page)…

Revenue increased 16.41% from $548.91 million in the previous quarter. EPS increased 271.43% from $0.14 in the previous quarter.

Looking Forward: Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.43 to a profit $0.40. For the current year, the average estimate is a profit of $1.79, which is the same with that ninety days ago.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]