Guess? Inc. (GES) reported first quarter adjusted EPS of $0.14 after the bell Thursday, which topped the consensus estimate of $0.08. The company expects to report second quarter EPS of $0.34 to $0.38 and between $1.70 and $1.90 for the full year 2014. The consensus estimates are for EPS of $0.36 and $1.79.
Guess? gapped open higher Friday and climbed during the first hour of trade, before settling into a range. The stock finished up by 2.43 at $31.78, with volume at a 10-month high. Guess? jumped to a 9-month high.
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