Guess? (GES) Above-Consensus Profit; BAE Systems (BAESY) Inks US Marine Corps Contract


Shares of Guess?, Inc. (NYSE:GES) climbed more than 4% in the extended session Tuesday after the company delivered quarterly profit numbers above analysts’ expectations

For its third quarter fiscal 2016, Guess? posted net revenue of $521.0 million and net earnings of $12.4 million, or $0.15 per diluted share, exceeding the Capital IQ Consensus of $0.11 earnings per share for the period. The company expects for the next quarter earnings to be in the range of $0.53 to $0.62 per diluted share

GES stock closed at $19.54, up $0.41 (or +2.14%) and 2,752,267 of its shares exchanged hands during the day, more than doubled its average volume (3m) of 1,217,090

Guess?, which designs, markets, distributes, and licenses lifestyle collections of contemporary apparel and accessories for men, women, and children, has 85.76M Shares Outstanding, Market Capitalization (intraday) of $1.68B and GES stock 52-week range is between $16.61 and $23.45 per share



BAE Systems plc (OTCMKTS:BAESY) stock surged slightly $0.25 (or +0.83%) to $30.25, with a total volume of 1,727,906 shares traded on Tuesday.

After the closing bell, BAE Systems said that it has been awarded a nearly $104 million contract by the U.S. Marine Corps to produce 16 prototypes of amphibious combat vehicles. Recently, the company was awarded a £1.3 billion contract by the UK Ministry of Defence to build the Royal Navy’s fifth Astute submarine

BAE Systems, operates as a defense, aerospace, and security company worldwide, has 789.50M Shares Outstanding, Market Capitalization (intraday) of $23.88B and BAESY stock one-year range is from $26.05 to $33.67 per share


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