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Guess earnings top Q3 forecasts, offers rosy outlook

Posted Nov 30th 2009 5:40PM by Trey Thoelcke (RSS feed)
Filed under: Earnings Reports, Forecasts

Shares of Guess Inc. (GES) rose in after hours trading following its report of financial results for the third quarter of its 2010 fiscal year, which ended October 31, 2009.

The Los Angeles-based apparel and accessory maker reported record net earnings of $64.1 million, compared to $64.0 million in the year-ago period. Diluted earnings rose 3.0% from a year ago to $0.69 per share, which topped the consensus forecast of $0.51 per share by analysts surveyed by Thomson Reuters.

Continue reading Guess earnings top Q3 forecasts, offers rosy outlook

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