Bearish Options Activity in Guess? (GES) Targets 'Increased Downside Potential' in Shares -Susquehanna
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CFRA Downgrades Guess (GES) to Sell
June 10, 2020 10:54 AM EDTCFRA downgraded Guess (NYSE: GES) from Hold to Sell with a price target of $6.00 (from $9.00).
For an analyst ratings summary and ratings history on Guess click here. For more ratings news on Guess click here.
Shares of Guess closed at $12.76 yesterday.
... MorePre-Open Stock Movers 06/10: (LAKE) (TRUE) (FIVE) Higher; (TCO) (HTZ) (GES) Lower (more...)
June 10, 2020 9:31 AM EDTToday's Pre-Open Stock Movers:
Lakeland Industries (NASDAQ: LAKE) 48% HIGHER; reported Q1 EPS of $1.08, versus ($0.06) reported last year. Revenue for the quarter came in at $45.6 million, versus $24.7 million reported last year.
Guess? (GES) Misses Q1 EPS by 93c, Revenues Miss
June 10, 2020 7:31 AM EDTGuess? (NYSE: GES) reported Q1 EPS of ($1.81), $0.93 worse than the analyst estimate of ($0.88). Revenue for the quarter came in at $260 million versus the consensus estimate of $312.09 million.
Preserved Liquidity and Reduced Cost Structure to Mitigate the Impact of the COVID-19 CrisisQ1 Fiscal 2021 Revenues Decreased 52% to $260 Million; Decreased 50% in Constant Currency Driven by COVID-19 Related Store ClosuresQ1 Fiscal 2021 GAAP Loss per Share of $2.40, Compared to $0.27 in Q1 Fiscal 2020; Q1 Fiscal 2021 Adjusted Loss per Share of $1.81, Compared to $0.25 in Q1 Fiscal 2020Carlos Alberini, Chief Executive Officer, commented, The... More
