Guess?, Inc. GES is likely to post a decline in the top and bottom line when it reports third-quarter fiscal 2021 results on Dec 2. The Zacks Consensus Estimate for earnings has moved down by a couple of cents in the past 30 days to 6 cents per share. This suggests a decline of 72.7% from the year-ago quarter’s reported figure. We note that Guess? has a trailing four-quarter earnings surprise of 10.1%, on average. In the last reported quarter, the company reported an earnings surprise of 98.4%.The consensus estimate for quarterly revenues is pegged at $511.3 million, which suggests a decline of 17% from the prior-year quarter’s tally.Guess, Inc. Price and EPS Surprise Guess, Inc. price-eps-surprise | Guess, Inc. Quote Key Factors to NoteGuess? is witnessing rising selling, general and administrative expenses, as a percentage of sales, for a while now. Incidentally, the metric expanded 570 basis points from the year-ago quarter’s level during fiscal second quarter. Also, the company is battling strained gross margin for quite some time. Apart from these, in the last earnings call, management highlighted that it expects sales decline in mid-teens range in the fiscal third quarter. We note that coronavirus-induced social distancing is adversely impacting productivity in the company’s retail locations.Nevertheless, Guess? is benefiting from its online business, especially amid the pandemic. Incidentally, the company has been increasing its marketing investment, repositioning product offerings along with finishing the implementation of Salesforce platform to boost online growth. Further, management is undertaking actions to curb expenses like reducing discretionary expenses amid the pandemic.What the Zacks Model UnveilsOur proven model doesn’t conclusively predict an earnings beat for Guess? this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.Guess? carries a Zacks Rank #4 (Sell) and an Earnings ESP of +60.00%.Stocks With Favorable CombinationsHere are some companies that you may want to consider as our model shows that these have the right combination of elements to post an earnings beat.PVH Corp. PVH currently has an Earnings ESP of +179.29% and carries a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks here.Carnival Corporation CCL currently has an Earnings ESP of +12.14% and carries a Zacks Rank #3.Lululemon Athletica LULU currently has an Earnings ESP of +0.88% and a Zacks Rank of 3.The Hottest Tech Mega-Trend of All Last year, it generated $24 billion in global revenues. By 2020, it's predicted to blast through the roof to $77.6 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.See Zacks' 3 Best Stocks to Play This Trend >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Carnival Corporation (CCL): Free Stock Analysis Report Guess, Inc. (GES): Free Stock Analysis Report lululemon athletica inc. (LULU): Free Stock Analysis Report PVH Corp. (PVH): Free Stock Analysis Report To read this article on Zacks.com click here.