BYND Stock – Guess? Inc. Q4 adjusted earnings Beat Estimates
(RTTNews) – Guess? Inc. (GES) announced earnings for fourth quarter that fell from the same period last year.
The company’s bottom line came in at $70.42 million, or $1.07 per share. This compares with $79.60 million, or $1.18 per share, in last year’s fourth quarter.
Excluding items, Guess? Inc. reported adjusted earnings of $77.67 million or $1.18 per share for the period.
Analysts had expected the company to earn $0.56 per share, according to figures compiled by Thomson Reuters. Analysts’ estimates typically exclude special items.
The company’s revenue for the quarter fell 23.0% to $648.46 million from $842.25 million last year.
Guess? Inc. earnings at a glance:
-Earnings (Q4): $77.67 Mln. vs. $82.34 Mln. last year.
-EPS (Q4): $1.18 vs. $1.22 last year.
-Analysts Estimate: $0.56
-Revenue (Q4): $648.46 Mln vs. $842.25 Mln last year.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.