Outguessing Guess (GES)
Posted in pre-marketDecember 1st, 2009
Guess? Inc. (NYSE: GES) is soaring but on thin volume (so far). The company reported Q3 earnings of $0.69 EPS and $522.8 million in revenues versus Thomson Reuters estimates of $0.51 and $482.57M. The clothing and apparel company raised guidance for its fiscal year and full quarter as well. At 8:06 AM EST we have very thin volume as this is specialist-controlled, but the stock is up 8% at $40.10. The 52-week trading range is $11.27 to $41.34 and the average volume is 1.16 million shares.
JON OGG
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