Guess?, Inc. (NYSE:GES) apparel stores operator, is expected to report second quarter earnings results, before market open, on Wednesday 2nd September 2020.
Analysts polled by Thomson Reuters anticipate second quarter loss of $ 0.57 per share from revenue of $ 384.82 million.
Looking ahead, the full year loss are expected at $ 1.15 per share on the revenues of $ 2059.27 million.
Previous Quarter Performance
Guess?, Inc. revealed loss for the first quarter of $ 1.81 per share, from the revenue of $ 260.25 million. The consensus estimates are loss of $ 0.88 per share from $ 312.09 million in revenue. The bottom line results missed street analysts by $ 0.93 or 105.68 percent, at the same time, top line results fell short of analysts by $ 51.84 million or 16.61 percent.
Stock Performance
Shares of Guess?, Inc. traded up $ 0.45 or 3.91 percent on Tuesday, reaching $ 11.95 with volume of 1.00 million shares. The stock opened down for the day at $ 11.32, after closing the previous day trading at $ 11.50.
According to the previous trading day, closing price of $ 11.50, representing a 215.93 % increase from the 52 week low of $ 3.64 and a 51.23 % decrease over the 52 week high of $ 23.58.
The company has a market capital of $ 807.85 million and is part of the Consumer Cyclical sector and Apparel Stores industry.
Conference Call
Guess?, Inc. will be hosting a conference call at 8:00 AM eastern time on 2nd September 2020, to discuss its 2Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website edge.media-server.com/mmc/p/96qdpbhd
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.
