Guess Q2 EPS $0.72 Beats $0.40 Estimate, Sales $664.51M Beat $640.50M Estimate
Portfolio Pulse from Happy Mohamed
Guess (NYSE:GES) reported Q2 earnings of $0.72 per share, beating the analyst consensus estimate of $0.40 by 80%. This is an 84.62% increase from the same period last year. The company also reported quarterly sales of $664.51 million, beating the analyst consensus estimate of $640.50 million by 3.75%. This is a 3.40% increase from the same period last year.
August 23, 2023 | 8:15 pm
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POSITIVE IMPACT
Guess's Q2 earnings and sales beat analyst estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock price.
Guess reported higher than expected earnings and sales for Q2. This indicates a strong financial performance, which is often a positive signal to investors and can lead to an increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100