Earnings Outlook For Victoria's Secret
Portfolio Pulse from Benzinga Insights
Victoria's Secret (NYSE:VSCO) is anticipated to report a quarterly EPS of $2.47 on March 6, 2024. Despite a history of mixed earnings performance, with a notable miss last quarter followed by a share price increase, analysts and investors are keen on the upcoming earnings guidance. The stock has declined by 20.78% over the last year, indicating a bearish outlook among long-term shareholders.
March 05, 2024 | 4:01 pm
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Victoria's Secret is expected to announce its quarterly earnings with an anticipated EPS of $2.47. The company's stock performance has been bearish with a 20.78% decline over the past year, influenced by mixed earnings results.
Victoria's Secret's upcoming earnings report is crucial, given its mixed historical performance and the significant impact of guidance on stock prices. The anticipation of the earnings guidance, coupled with the company's recent stock performance, suggests a neutral short-term impact. The company's ability to exceed or meet the EPS estimate and provide positive future guidance could influence stock movement. However, the bearish sentiment among long-term shareholders and the stock's recent performance introduce uncertainty.
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