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Guess? Inc. (GES) Fell To Over A 2-Month Low On Weak Guidance

Guess? Inc. (GES) reported fourth quarter adjusted EPS of $0.95 after the bell Wednesday, which beat the consensus estimate of $0.87. The company expects to report first quarter EPS of $0.05 to $0.10 and between $1.70 and $1.90 for the full year 2014. The consensus estimates are for EPS of $0.29 and $2.31.

Guess? gapped open sharply lower Thursday, but traded in a range for the bulk of the session. Shares closed down by 1.94 at $25.01, with volume at a 7-month high. The stock dropped to a 2 1/2 month low.

by RTTNews Staff Writer

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