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Guess? Inc. Q3 adjusted earnings Beat Estimates

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Guess? Inc. (GES) reported a profit for its third quarter that rose from the same period last year.

The company's profit totaled $29.88 million, or $0.45 per share. This compares with $26.38 million, or $0.41 per share, in last year's third quarter.

Excluding items, Guess? Inc. reported adjusted earnings of $41.55 million or $0.62 per share for the period.

Analysts had expected the company to earn $0.46 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 13.0% to $643.07 million from $569.28 million last year.

Guess? Inc. earnings at a glance:

-Earnings (Q3): $41.55 Mln. vs. $37.36 Mln. last year.
-EPS (Q3): $0.62 vs. $0.58 last year.
-Analysts Estimate: $0.46
-Revenue (Q3): $643.07 Mln vs. $569.28 Mln last year.

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