WHLR - Why Guess? Shares Are Trading Lower By Around 15%; Here Are 20 Stocks Moving Premarket | Benzinga
Shares of Guess?, Inc. (NYSE: GES) shares dipped in pre-market trading after the company reported worse-than-expected third-quarter financial results and issued fourth-quarter adjusted EPS guidance below estimates.
Guess? reported quarterly earnings of 49 cents per share, down from the analyst consensus estimate of 62 cents per share, according to data from Benzinga Pro. The company reported quarterly sales of $651.00 million, missing market expectations of $656.03 million.
The company also lowered its full-year 2024 outlook, expecting revenue growth between 1.8% and 2.4% and adjusted earnings per share between $2.67 and $2.74.
Guess shares fell 15.2% to $20.11 in pre-market trading
Here are some other stocks moving in pre-market trading.
Gainers
- AgileThought, Inc. (NASDAQ: AGIL) shares rose 96.2% to $0.1628 in pre-market trading after gaining 5% on Tuesday.
- Wheeler Real Estate Investment Trust, Inc. (NASDAQ: WHLR) shares surged 47% to $0.2426 in pre-market trading after falling 23% on Tuesday.
- Heart Test Laboratories, Inc. (NASDAQ: HSCS) shares rose 34% to $0.27 in pre-market trading. HeartSciences recently announced closing of license agreements with the Icahn School of Medicine at Mount Sinai to ...