Company Earnings UpdateGUESS (GES) 2Q18 Results: Beats on EPS and Raises Guidance Coresight Research August 31, 2018 Executive Summary Guess reported 2Q18 adjusted EPS of $0.36, up from $0.19 from the year-ago period and ahead of the $0.32 consensus estimate. Revenues were $645.9 million, up 13.7% year over year and below the $650.6 million consensus estimate. Comps for the Americas region were up 3.0%, beating the 1.9% consensus estimate. Revenues were driven by continued momentum in Europe and Asia. Guess raised FY19 guidance and now expects EPS of $0.94–$1.03, up from previous guidance of $0.88–$0.99 and the consensus of $0.99. The company expects revenue growth of 9.0%–9.5%, up from previous guidance of 8.5%–9.5%, implying $2.58–$2.59 billion, and above the $2.57 billion consensus estimate. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Chinese New Year 2025 Review: From Shopping to Screens—How Younger Consumers Boosted Spring Festival SpendingConsumer Sentiment Falls Further After Stock-Market Sell-Off; Plus, Social Commerce in Focus: US Consumer Survey InsightsAnalyst Corner: US Consumer Sentiment Varies by Age and Income—Uncovering Demographic Trends, with Aditya KaushikWeekly UK Store Openings and Closures Tracker 2025, Week 26: River Island To Close 30+ Stores
