Guess Earnings: What To Look For From GES

Contemporary clothing brand Guess (NYSE:GES) will be reporting results tomorrow after market close. Here’s what to expect.

Guess missed analysts’ revenue expectations by 1.7% last quarter, reporting revenues of $738.5 million, up 13.4% year on year. It was a slower quarter for the company, with full-year EPS guidance missing analysts’ expectations.

Is Guess a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Guess’s revenue to grow 1.7% year on year to $906.2 million, slowing from the 9% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.38 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Guess has missed Wall Street’s revenue estimates five times over the last two years.

Looking at Guess’s peers in the apparel and accessories segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Stitch Fix’s revenues decreased 5.5% year on year, beating analysts’ expectations by 4.4%, and ThredUp reported revenues up 9.5%, falling short of estimates by 2.4%. Stitch Fix traded down 5.2% following the results while ThredUp was up 6.7%.

Read our full analysis of Stitch Fix’s results here and ThredUp’s results here.

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