Guess Q1 EPS $(0.07) Beats $(0.28) Estimate, Sales $569.80M Beat $555.63M Estimate
Portfolio Pulse from Benzinga Newsdesk
Guess reported Q1 losses of $(0.07) per share, beating the analyst consensus estimate of $(0.28) by 75%. Quarterly sales were $569.80M, surpassing the estimate of $555.63M by 2.55%. This is a decrease compared to the same period last year.
May 24, 2023 | 8:17 pm
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POSITIVE IMPACT
Guess reported better-than-expected Q1 earnings and sales, with EPS beating estimates by 75% and sales by 2.55%.
Guess reported better-than-expected Q1 results, with EPS and sales beating estimates. This positive news is likely to have a short-term positive impact on the stock price, as investors may see it as a sign of the company's resilience and potential for growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100