Guess?, Inc. (NYSE: GES) reported downbeat earnings for the third quarter on Tuesday.
Guess? reported quarterly earnings of 49 cents per share, below the analyst consensus estimate of 62 cents per share, according to data from Benzinga Pro. The company reported quarterly sales of $651.2 million, missing market expectations of $656.03 million.
The company 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.
With the buzz around Guess following quarterly earnings, some investors may be eyeing potential gains from the company’s dividends. As of now, Guess offers an annual dividend yield of 5.06%, which is a quarterly dividend amount of 30 cents per share ($1.20 a year).
So, how ...