Guess? Inc. Q4 Profit Retreats 11%

(RTTNews) - Guess? Inc. (GES) released earnings for fourth quarter that lost ground compared to the same period last year.

The company said its bottom line totaled $47.78 million, or $0.57 per share. This was lower than $53.93 million, or $0.63 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.58 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 5.5% to $658.26 million. This was down from $696.73 million last year.

Guess? Inc. earnings at a glance:

-Earnings (Q4): $47.78 Mln. vs. $53.93 Mln. last year. -Earnings Decline (Y-o-Y): -11.4% -EPS (Q4): $0.57 vs. $0.63 last year. -EPS Decline (Y-o-Y): -9.5% -Analysts Estimate: $0.58 -Revenue (Q4): $658.26 Mln vs. $696.73 Mln last year. -Revenue Change (Y-o-Y): -5.5%

-Guidance: Full year EPS guidance: $0.65 - $0.85