Wall Street's Insights Into Key Metrics Ahead of Guess (GES) Q3 Earnings

In its upcoming report, Guess (GES) is predicted by Wall Street analysts to post quarterly earnings of $0.23 per share, reflecting a decline of 32.4% compared to the same period last year. Revenues are forecasted to be $774 million, representing a year-over-year increase of 4.8%.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.That said, let's delve into the average estimates of some Guess metrics that Wall Street analysts commonly model and monitor.Analysts forecast 'Net revenue- Americas Retail' to reach $173.61 million. The estimate indicates a year-over-year change of +0.5%.The consensus estimate for 'Net revenue- Americas Wholesale' stands at $103.39 million. The estimate indicates a year-over-year change of +4.6%.The consensus among analysts is that 'Net revenue- Asia' will reach $63.72 million. The estimate suggests a change of -2.7% year over year.Analysts expect 'Net revenue- Europe' to come in at $391.40 million. The estimate suggests a change of +6.2% year over year.The average prediction of analysts places 'Net revenue- Licensing' at $35.00 million. The estimate points to a change of +6% from the year-ago quarter. View all Key Company Metrics for Guess here>>> Guess shares have witnessed a change of +0.5% in the past month, in contrast to the Zacks S&P 500 composite's -0.3% move. With a Zacks Rank #3 (Hold), GES is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Guess?, Inc. (GES): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks