Guess? Inc. Q2 Earnings Decline 35%

(RTTNews) - Guess? Inc. (GES) released a profit for second quarter that fell from last year.

The company said its earnings declined to $11.96 million, or $0.14 per share. This was down from $18.29 million, or $0.21 per share, in last year's second quarter.

Analysts had expected the company to earn $0.07 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 0.2% to $544.96 million. This was down from $546.26 million last year.

Guess? Inc. earnings at a glance:

-Earnings (Q2): $11.96 Mln. vs. $18.29 Mln. last year. -Earnings Decline (Y-o-Y): -34.6% -EPS (Q2): $0.14 vs. $0.21 last year. -EPS Decline (Y-o-Y): -33.3% -Analysts Estimate: $0.07 -Revenue (Q2): $544.96 Mln vs. $546.26 Mln last year. -Revenue Change (Y-o-Y): -0.2%

-Guidance: Next quarter EPS guidance: $0.11 - $0.16 Full year EPS guidance: $0.62 - $0.75