Victoria's Secret & Co sees Q3 Adj. EPS $(0.60) - $(0.80) Vs $0.34 Estimate
Portfolio Pulse from Benzinga Newsdesk
Victoria's Secret & Co has announced an expected Q3 adjusted EPS between $(0.60) and $(0.80), significantly below the estimated $0.34. This indicates potential financial challenges for the company.
August 28, 2024 | 8:23 pm
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NEGATIVE IMPACT
Victoria's Secret & Co's projected Q3 adjusted EPS is significantly below estimates, indicating potential financial difficulties and likely impacting stock prices negatively.
The company's projected Q3 adjusted EPS is much lower than the market estimate, suggesting financial underperformance. This is likely to lead to negative investor sentiment and a decrease in stock prices.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100