Guess? Inc. (GES) reported third quarter EPS of $0.15 after the close Tuesday, down from $0.24 in the prior year. Analysts expected EPS of $0.11. The company expects to report fourth quarter EPS of $0.53 to $0.62 and between $0.93 and $1.02 for the full year. The consensus estimates are for EPS of $0.59 and $0.96.
Guess? gapped open sharply higher Tuesday, but gave back some gains around midday. The stock ended the session with a gain of 1.32 at $20.86 on strong volume. Guess? jumped to a 2-week high and re-crossed its 200-day moving average.
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