Alert: New Earnings Report (8/28/24)-Guess ? Inc. (NYSE: GES).

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Guess ? Inc. (NYSE: GES) has reported E.P.S. of $-0.21 for its second fiscal quarter (ending July 31) versus $0.73 for the same period a year ago. For the latest four quarters through July 31, E.P.S. were $3.23 compared to $2.65 a year ago.

Recent Price Action

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Guess ? Inc. (NYSE: GES) stock declined by -4.6% on 8/28/24. The shares closed at $20.22. This decline was accompanied by normal trading volume. The stock has been weak relative to the market over the last nine months and has declined -3.5% during the last week.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, GES is expected to continue to be a major Value Builder.

Guess ? has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Guess ? has a good Appreciation Score of 74 but a poor Power Rating of 27, producing the Neutral Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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