(GES) Guess? Incorporated – Earnings Estimates Continue to Rise on Strong Momentum

January 19th, 2010

Guess?, Inc. (GES) continues to see bullish earnings forecasts. The current full-year Zacks Consensus Estimate of $2.50 per share is up from $2.18 over the past 3 months. For the following year, analysts polled by Zacks are calling for earnings of $2.85 per share, versus the 3 months-ago level of $2.48.

Company Description

Guess?, Inc. designs, markets, distributes and licenses contemporary apparel, denim, handbags, watches, footwear and other related consumer products.

As of October 31, 2009, the company operated 433 retail stores in the United States and Canada and 753 retail stores outside of North America, of which 115 were directly owned.

Estimates Continue to Rise on Strong Momentum

The company continues to see bullish earnings forecasts. The current full-year Zacks Consensus Estimate of $2.50 per share is up from $2.18 over the past 3 months. For the following year, analysts polled by Zacks are calling for earnings of $2.85 per share, versus the 3 months-ago level of $2.48.

Shares of GES have surged past the market by about 150% over the past year.

A Record Quarter

Guess announced record third-quarter earnings of 69 cents per share, eclipsing the Zacks Consensus Estimate by 38%. Net revenue of $522.8 million dipped 1% year-over-year.

Management said each of the company’s businesses performed better than expected in both revenues and earnings as customer continued to respond well to product assortment in all markets around the world. Guess added that the company managed well, controlling costs and inventories tightly to protect profitability. This solid performance resulted in record third quarter earnings and a significant improvement in cash flows in the period.

Rewarding Shareholders

Guess also declared a dividend of 12.5 cents per share, which was paid out on December 31.

The company offers an industry-leading dividend yield of 1.14%.

Favorable Comparisons

Guess offers a return on equity of 25%, well above the industry average of 12%. The company’s net profit margin of 10% tops the industry average, which is at -2%.

Zacks Investment Research

More on this topic (What's this?)
3 Big Banks Report Earnings: What You Need To Know (Investment Underground » Page n..., 1/20/12)
Focus On 3 Big Banks After Earnings: How Will The Others Fare? (Investment Underground » Page n..., 1/19/12)
Sold New Naked Puts on ITRI & GES (My Trader's Journal, 4/29/10)
Guess?, Inc. Short trade: Closed Profitable (Trading with the Average Jay, 9/6/11)
Read more on Guess?, Hong KONG&CHINA Gas at Wikinvest

Related Posts:

  1. (GLW) Corning Incorporated – Consensus Estimates Rise – LCD Television Sales Remain StrongCorning Inc. (GLW) expects strong sales of LCD televisions to continue into 2010. As a...
  2. (COH) Coach, Inc. – Higher Earnings Estimates and Strong MomentumCoach, Inc. (COH) continues to see bullish earnings forecasts on strong fundamentals and solid momentum....
  3. (GES) Guess? Incorporated – ROE of 25% Exceeds Industry Average of 9%Guess?, Inc. (GES) recently announced record third-quarter earnings of 69 cents per share, eclipsing the...
  4. (GES) Guess? Inc. – Bullish Estimates and Solid MomentumGuess? Inc. (GES) is outpacing the market on record second-quarter results and higher Zacks Consensus...
  5. (GES) Guess Upgraded to OutperformWe are upgrading Guess? Inc. (GES) to Outperform from Neutral. Although the recession is impacting...
  6. (GES) Guess? Inc. – Bull of the DayGuess? (GES) reported better-than-expected results for the first half of 2010, thanks to strong North...


Search Posts by Tag: | | Apparel Stores | Services

RSS Feeds by Tag: GES | Guess? Inc. | Apparel Stores | Services |

Other Posts by: | RSS Feed for this author