Guess?, Inc. (GES) shares are gaining more than 9 percent on Thursday morning trade as the company's fourth-quarter earnings beat estimates.
The company reported net profit attributable to the company of $70.42 million or $1.07 per share. On an adjusted basis, earnings were $77.67 million. Revenue for the quarter were $648.46 million.
Street analysts were looking for loss of $0.37 per share on revenue of $378.87 million.
Shares are currently at $26.12, up 11.15 percent from the previous close of $23.50. GES has traded in a range of $5.60-$28.30 on average volume of 770,511 for the 52-week period.
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