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Guess? Inc. (GES) Is Losing Ground On Weak Forecast

Guess? Inc. (GES: Quote) reported fourth quarter EPS of $1.05 after the bell Wednesday, down from $1.11 in the previous year. The consensus estimate was for EPS of $1.05. The company expects to report first quarter EPS of $0.25 to $0.28 and between $2.50 and $2.65 for the full year 2013. The consensus estimates are for EPS of $0.48 and $3.18.

Guess? Inc. was range-bound throughout Wednesday's session and closed down by 0.02 at $36.70. The stock is now trading lower by $4.30 after the bell.

by RTT Staff Writer

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