This stock has been chosen as a JUMP candidate for its upcoming earnings catalyst that is likely to move the stock between 5-20% post release. To conduct further research on the financials, analyst views and pivot points visit the Inside Mole research tool. This report is based on our analysis and opinions and the trade plan is how we intend to trade this event. As a self-directed trader you may decide to take a different approach to this event. For details on how we trade these events watch the video below.
Target: Guess?, Inc. (GES)
Earnings Release Date: 3/21/18 (After Market Close)
Position Entry Time: (at or near EOD-end of day)
Guess?, Inc. (GES) will be posting its FQ4-18 quarterly earnings results today at close. [GES] is expected to post earnings of $.53 per share on revenue of $750 Million. In the last quarter, the company reported $.12 earnings per share MEETING the analysts’ consensus estimate of $.12 The stock is currently trading at $14.98 per share.
Last 3 Quarters – “Jump Zone” Move: -14.98%, 20.59%, 18.23%
Consensus Estimates: ($.55 whisper) ($.53 estimize) ($ ($.53 wall street)
(** always check in the trade room 30 minutes prior to close for last minute trajectory updates)
ANALYSIS: StockJumpers trajectory analysis reveals a drop post release. The stock popped 6% on open this morning with traders expecting a beat today and with a depressed price going in – any good news would see a rise post release. Our trajectory studies revealed a pop initially – but overall once the news is digested, it looks like there are more sellers than buyers. We wanted to see a pop on a beat – but the analysis doesn’t give us that confidence. We may see some good metrics, and they may meet on their EPS but we don’t think its enough to push the stock up and the early traders in today are going to see a reversal of fortune.
We are overall SHORT for the event. Trade Room will have updated news and moves.
(Note: This is an after-market release – today)
TARGET ‘JUMP ZONE’ POTENTIAL: 12%
CONFIDENCE RANKING: 8
POTENTIAL OPTIONS CONTRACT: NONE
Click here to go to the research page to review the current financials and analysis of this stock before you place any positions. Just enter the ticker symbol.