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.
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