Guess? (NYSE:GES) Updates Q4 Earnings Guidance

Guess? (NYSE:GES) issued an update on its fourth quarter earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $1.37-1.52 for the period, compared to the consensus 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.

Wall Street Analyst Weigh In

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

Guess? Stock Performance

Shares of GES stock opened at $16.39 on Friday. The company has a market capitalization of $842.77 million, a price-to-earnings ratio of 13.77 and a beta of 1.94. Guess? has a 1-year low of $15.24 and a 1-year high of $33.50. The company has a current ratio of 1.54, a quick ratio of 0.76 and a debt-to-equity ratio of 1.28. The stock’s fifty day simple moving average is $18.19 and its 200-day simple moving average is $20.71.

Guess? (NYSE:GES) last released its earnings results on Tuesday, November 26th. The company reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.37 by ($0.03). The business had revenue of $738.52 million for the quarter, compared to analysts’ expectations of $747.36 million. Guess? had a net margin of 3.19% and a return on equity of 23.68%. The company’s revenue was up 13.4% compared to the same quarter last year. During the same period last year, the firm earned $0.49 EPS. On average, sell-side analysts predict that Guess? will post 1.93 earnings per share for the current fiscal year.

Guess? Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Wednesday, December 11th will be given a $0.30 dividend. The ex-dividend date is Wednesday, December 11th. This represents a $1.20 dividend on an annualized basis and a yield of 7.32%. Guess?’s payout ratio is 100.84%.

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.