Company Earnings Update 3 minutesRegister for Free AccessGUESS (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? Register for a free user account. This document was generated for Other research you may be interested in: Earnings Insights 2Q23, Week 1: Albertsons, Crocs, L’Oréal, Walgreens and More Post Positive Performance; Levi’s Sees Sales DeclineSeasonal Shopping, 2Q24—Expectations for Memorial Day, Mother’s Day, Father’s Day and Holiday 2024: US Consumer Survey Insights ExtraTemu, the New E-Commerce Marketplace Taking the US by Storm—What Do Consumers Actually Think?1Q24 US Retail Inventory Insights: Inventory Turnover Ratios Improve Amid Economic Resilience