S&P 500 Earnings Preview – Guess Headlines Retail Earnings

avatar
· Views 288

Guess, Inc., (GES) is scheduled to release its Q1 financial results after the bell on Wednesday, June 10, 2020. The company is expected to lose $0.88 per share on 312 in revenue. This compares to a $1.12 gain in the prior quarter. Earnings estimates have remained unchanged over the past 30-days which is good news for the stock price. Growth estimates are expected to contract by a robust 252%.

The stock price is consolidating ahead of the 200-day moving average. A better than expected number and positive guidance will help buoy the shares and allowing them to retest the January highs.

Red Robin Gourmet Burgers Inc (RRGB) Red Robin Gourmet Burgers, Inc., develops, operates, and franchises full-service and casual-dining restaurants. The company is expected to lose $1.1 per share on 333 million loss in revenue. This compares to a loss of $.717 per share in the prior quarter. Earnings estimates over declined $0.07 per share over the past 30-days which is a negative sign for the stock price. Growth is expected to decline by more than 687% in the current quarter.

The stock price has rebounded more than 150% of the losses that it experienced in March but remains in the middle of the range. With elevated foot traffic to rely on in the next couple of months, the shares a likely to outperform its rivals.

 

Reprinted from FXEmpire,the copyright all reserved by the original author.

免責事項:本記事で述べられている見解は著者の見解のみであり、Followmeの公式見解を反映するものではありません。Followmeは、提供された情報の正確性、完全性、信頼性について一切責任を負いません。また、書面で明示的に記載されている場合を除き、本記事の内容に基づいて行われたいかなる行動についても責任を負いません。

この記事が気に入ったら、著者にチップを送って感謝の気持ちを表しましょう。
応答 0

古いコメントはありません。ソファをつかむ最初のものになりましょう。

  • tradingContest