Read/Post Comments (0) | Recommended this article (0)
Please login to Zacks.com or register to post a comment.
Zacks' 7 Best Stocks
for June, 2013
FREE Report for Zacks.com
Visitors Only
Visitors Only
They're hand-picked from the list of Zacks Rank #1 Strong Buys. Our experts predict that their prices will jump the soonest.
Today, you can see them free.
- Latest News
- Most Popular
- Winning ETF Strategies for the Second Half
- RTI: What Will the Fed Do Wednesday?
- RTI: Hey Homies - BULL Is the Word!
- Tech Roundup: GOOG Shows Mettle, AAPL in Freefall
- Home-Run Retailers
- Are Housing ETFs Back on Track?
- Buy Your Favorite Brands with These 3 Stocks
- What's a Global Investor to Do?
- 5 Careful Ways to Win with Options
- AWS 6/17: The Fed in Focus This Week
- PFP 6/17: Why Ask Why?
Recent Quotes
| No Recent Quote currently available |
My Portfolio
|
My Portfolio Tracker One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts. Set yours up today. |
More Zacks Resources
Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.
Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.
Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.
My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.
Zacks #1 Stocks on the Move 06/17/2013
| Company Name | Symbol | %Change |
|---|---|---|
| GLOBAL GEOPH | GGS | 7.79% |
| STAAR SURGIC | STAA | 6.23% |
| KAPSTONE PAP | KS | 6.14% |
| HORNBECK OFF | HOS | 5.99% |
| ANIKA THERAP | ANIK | 5.55% |
Quick Links
Resources
Client Support
Zacks Research is Reported On:
Zacks Investment Research
is an A+ Rated BBB
Accredited Business.
Copyright 2013 Zacks Investment Research
At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1986 it has nearly tripled the S&P 500 with an average gain of +26% per year. These returns cover a period from 1986-2011 and were examined and attested by Baker Tilly, an independent accounting firm.
Visit performance for information about the performance numbers displayed above.
NYSE and AMEX data is at least 20 minutes delayed. NASDAQ data is at least 15 minutes delayed.
This page is temporarily not available. Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext. 9339.
Guess? Inc. (GES - Analyst Report), one of the world’s leading designer and distributor of lifestyle apparels, is scheduled to report its third quarter 2012 financial results before the opening bells on November 30, 2011.
The current Zacks Consensus Estimate for the quarter’s earnings is pegged at 74 cents a share. The Zacks Consensus Estimate projects revenues for the quarter to come in at $658 million.
Second Quarter 2012 Recap
Guess? Inc., which faces stiff competition from Abercrombie & Fitch Co.(ANF - Analyst Report) and Gap Inc. (GAP), posted second quarter 2012 adjusted earnings per share (EPS) of 84 cents, which surpassed the Zacks estimate by 3 cents. It also exceeded the year-ago earnings of 72 cents by 16.7%.
Revenues in the quarter soared 17.3% year over year to $677.2 million. In constant dollar terms, net revenue went up 9.5% from the previous year.
Operating income grew 17.3% to $113.0 million, reflecting favorable currency, volume/mix gains and lower overheads.
Operating Income margin remained flat with the prior year quarter at 16.7%. Product margin climbed up owing to higher relative occupancy, distribution and selling expenses.
Read The Whole Story at Guess? Beats; Profits Overseas
Management Guidance
Based on the results posted in the second quarter, the company estimated the third quarter diluted earnings to be in the range of 71 cents to 74 cents. For fiscal 2012, the company expects earnings in the range of $3.25 to $3.35 and GAAP diluted earnings per share between $3.06 and $3.16.
Third-Quarter 2012 Zacks Consensus
Earnings estimates for the third quarter of 2012, as provided by the analysts, range from a low of 70 cents to a high of 77 cents. Thus, the current Zacks Consensus Estimate for the quarter is pegged at 74 cents per share, reflecting a year-over-year decline of one penny.
Over the past 30 days, none of the analysts have revised the earnings estimate. Hence, the Zacks Consensus Estimate did not change. However, the estimate increased by 1 penny over the last 90 days.
Earnings History: Ahead of Zacks
With respect to earnings surprises, Guess? topped the Zacks Consensus Estimate in all the preceding four quarters. Over the last four quarters, the earnings surprise ranged from 3.70% to 27.12%, with the average earnings surprise being 15.14%, suggesting that Guess? has always outperformed the Zacks Consensus Estimate over that period.
Recommendation
The company’s in-house team of dedicated designers and product specialists enable the company to stay ahead in the face of changing lifestyle and fashion trends by bringing innovative and unique products to its customers. However, stiff competition from numerous manufacturers, importers and distributors; having significantly greater financial, distribution, advertising and marketing resources concerns us.
Currently, we prefer to rate the stock as Neutral. However, Guess? holds the Zacks #4 Rank, which translates into a short-term 'Sell' rating.
Get the full Analyst Report on ANF - FREE
Get the full Analyst Report on GES - FREE