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NEW YORK (TheStreet) -- Guess  (GES) - Get Guess?, Inc. Report will release its fiscal 2016 third quarter earnings results after the market close on Tuesday afternoon.

Analysts are expecting the Los Angeles-based apparel and accessories retailer to post a sharp year over year decline in both its earnings per share and revenue results for the most recent quarter.

The company has been forecast, by analysts surveyed by Thomson Reuters, to report earnings of 11 cents per share on revenue of $521.03 million for the three month period ended in October.

Guess reported adjusted earnings of 24 cents per diluted share on revenue of $589.9 million for the fiscal 2015 third quarter. The company's earnings results for last year's third quarter had declined when compared to the fiscal 2014 third quarter.

Shares of Guess finished the day in the green, closing higher by 2.46% to $19.13 on Monday afternoon.

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Separately, TheStreet Ratings team rates GUESS INC as a Hold with a ratings score of C+. TheStreet Ratings Team has this to say about their recommendation:

We rate GUESS INC (GES) a HOLD. The primary factors that have impacted our rating are mixed - some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity.

Highlights from the analysis by TheStreet Ratings Team goes as follows:

  • GES's debt-to-equity ratio is very low at 0.01 and is currently below that of the industry average, implying that there has been very successful management of debt levels. To add to this, GES has a quick ratio of 2.10, which demonstrates the ability of the company to cover short-term liquidity needs.
  • 36.65% is the gross profit margin for GUESS INC which we consider to be strong. It has increased from the same quarter the previous year. Regardless of the strong results of the gross profit margin, the net profit margin of 3.51% trails the industry average.
  • The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed compared to the Specialty Retail industry average, but is greater than that of the S&P 500. The net income has decreased by 16.7% when compared to the same quarter one year ago, dropping from $21.95 million to $18.29 million.
  • The company's current return on equity has slightly decreased from the same quarter one year prior. This implies a minor weakness in the organization. In comparison to the other companies in the Specialty Retail industry and the overall market, GUESS INC's return on equity is significantly below that of the industry average and is below that of the S&P 500.
  • You can view the full analysis from the report here: GES

Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of Jim Cramer, TheStreet or any of its contributors.