Guess? shares are trading higher after the company reported better-than-expected Q1 financial results and issued Q2 and FY24 EPS guidance.
Portfolio Pulse from Benzinga Newsdesk
Guess? reported better-than-expected Q1 financial results and issued positive Q2 and FY24 EPS guidance, leading to a rise in its share price.
May 25, 2023 | 4:38 pm
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Guess? shares are trading higher due to better-than-expected Q1 financial results and positive Q2 and FY24 EPS guidance.
Guess? reported better-than-expected Q1 financial results, which is a positive indicator for the company's performance. Additionally, the company issued positive Q2 and FY24 EPS guidance, suggesting continued growth and profitability. This news is likely to boost investor confidence and drive the share price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100