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Ahead of Guess (GES) Q2 Earnings: Get Ready With Wall Street Estimates for Key Metrics
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Wall Street analysts expect Guess (GES - Free Report) to post quarterly earnings of $0.14 per share in its upcoming report, which indicates a year-over-year decline of 66.7%. Revenues are expected to be $757.14 million, up 3.4% from the year-ago quarter.
Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
That said, let's delve into the average estimates of some Guess metrics that Wall Street analysts commonly model and monitor.
It is projected by analysts that the 'Net revenue- Americas Retail' will reach $184.06 million. The estimate suggests a change of +1.4% year over year.
The collective assessment of analysts points to an estimated 'Net revenue- Americas Wholesale' of $89.66 million. The estimate suggests a change of +6.2% year over year.
Analysts forecast 'Net revenue- Asia' to reach $52.98 million. The estimate points to a change of -2.5% from the year-ago quarter.
The consensus among analysts is that 'Net revenue- Europe' will reach $400.95 million. The estimate indicates a change of +4.6% from the prior-year quarter.
The average prediction of analysts places 'Net revenue- Licensing' at $30.49 million. The estimate points to a change of +4.8% from the year-ago quarter.
Guess shares have witnessed a change of +27.3% in the past month, in contrast to the Zacks S&P 500 composite's +1.1% move. With a Zacks Rank #3 (Hold), GES is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Ahead of Guess (GES) Q2 Earnings: Get Ready With Wall Street Estimates for Key Metrics
Wall Street analysts expect Guess (GES - Free Report) to post quarterly earnings of $0.14 per share in its upcoming report, which indicates a year-over-year decline of 66.7%. Revenues are expected to be $757.14 million, up 3.4% from the year-ago quarter.
Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
That said, let's delve into the average estimates of some Guess metrics that Wall Street analysts commonly model and monitor.
It is projected by analysts that the 'Net revenue- Americas Retail' will reach $184.06 million. The estimate suggests a change of +1.4% year over year.
The collective assessment of analysts points to an estimated 'Net revenue- Americas Wholesale' of $89.66 million. The estimate suggests a change of +6.2% year over year.
Analysts forecast 'Net revenue- Asia' to reach $52.98 million. The estimate points to a change of -2.5% from the year-ago quarter.
The consensus among analysts is that 'Net revenue- Europe' will reach $400.95 million. The estimate indicates a change of +4.6% from the prior-year quarter.
The average prediction of analysts places 'Net revenue- Licensing' at $30.49 million. The estimate points to a change of +4.8% from the year-ago quarter.
View all Key Company Metrics for Guess here>>>Guess shares have witnessed a change of +27.3% in the past month, in contrast to the Zacks S&P 500 composite's +1.1% move. With a Zacks Rank #3 (Hold), GES is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .