Guess? and Splunk Post Better-Than-Expected Earnings, Guide Above-Consensus
- August 24th, 2023
- 353 views
Guess?, Inc. (NYSE: GES), a renowned fashion brand known for its clothing and accessories, reported second-quarter fiscal 2024 earnings of $0.72 per share, surpassing the consensus EPS estimate of $0.40. The company's quarterly sales reached $664.51 million, slightly surpassing analysts' projected revenue of $640.50 million.
In response to its strong performance, Guess raised its full-year fiscal 2024 EPS guidance to a range of $2.88 to $3.08, an increase from the prior range of $2.60 to $2.90. This adjustment contrasts with the consensus estimate of $2.78 for the period.
$GES was trading at $21.72 in after-hours, up $3.41 (+18.62%).
In other news, Splunk Inc. (Nasdaq: SPLK), a notable data analytics and technology company, reported second-quarter fiscal 2024 earnings of $0.71 per share, beating the consensus EPS estimate of $0.45. The company's quarterly revenues amounted to $910.59 million, exceeding analysts' expected revenue of $885.97 million.
In light of its strong performance, Splunk is revising its full-year fiscal 2024 revenue outlook to a range of $3.925 billion to $3.95 billion, up from the previous estimate of approximately $3.9 billion, while the consensus estimate points to $3.9 billion in revenue for the period.
In after-hours, $SPLK was trading at $112.00, up $12.07 (+12.08%).
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)
Tags
Post Your Comments
Want To Find Some News?
Recent Posts
-
Key Earnings Ahead for Netflix, Fastenal, and U.S. Bancorp
January 18th, 2026Louisville Thunder Appoints Veteran Coach Mike Reed to Lead Program
January 15th, 2026FDA Approves First Treatment for Children With Menkes Disease
January 13th, 2026January 13th, 2026Wall Street Eyes Bank of America, Wells Fargo, Citi Ahead of Earnings
January 11th, 2026




Member Login