Victoria's Secret Q4 EPS $2.58 Beats $2.47 Estimate, Sales $2.08B Miss $2.09B Estimate
Portfolio Pulse from Happy Mohamed
Victoria's Secret (NYSE:VSCO) reported Q4 earnings of $2.58 per share, surpassing the $2.47 estimate, and sales of $2.08B, slightly missing the $2.09B estimate. Earnings and sales both showed an increase from the previous year.
March 06, 2024 | 9:18 pm
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Victoria's Secret reported higher-than-expected Q4 earnings at $2.58 per share but missed sales estimates by a small margin, reporting $2.08B against an expected $2.09B.
The positive earnings surprise could lead to a short-term positive sentiment among investors, offset by the slight miss in sales expectations. The overall impact is likely neutral as the earnings beat may balance out concerns over the sales miss.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100