Victoria’s Secret & Co. (NYSE:VSCO – Get Free Report) issued an update on its first quarter 2024 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 0.070-0.120 for the period, compared to the consensus estimate of -0.030. The company issued revenue guidance of $1.4 billion-$1.4 billion, compared to the consensus revenue estimate of $1.3 billion. Victoria’s Secret & Co. also updated its FY 2024 guidance to EPS.
Victoria’s Secret & Co. Stock Up 3.2 %
VSCO stock traded up $0.57 on Thursday, hitting $18.61. 1,782,790 shares of the company’s stock were exchanged, compared to its average volume of 2,689,971. The firm has a 50 day moving average price of $19.11 and a two-hundred day moving average price of $22.65. The company has a debt-to-equity ratio of 2.56, a quick ratio of 0.34 and a current ratio of 0.95. Victoria’s Secret & Co. has a 12-month low of $13.62 and a 12-month high of $30.80. The stock has a market cap of $1.44 billion, a P/E ratio of 13.26, a price-to-earnings-growth ratio of 1.11 and a beta of 2.05.
Victoria’s Secret & Co. (NYSE:VSCO – Get Free Report) last posted its quarterly earnings data on Wednesday, March 6th. The company reported $2.58 EPS for the quarter, topping the consensus estimate of $2.46 by $0.12. The business had revenue of $2.08 billion during the quarter, compared to the consensus estimate of $2.09 billion. Victoria’s Secret & Co. had a net margin of 1.77% and a return on equity of 56.40%. As a group, equities research analysts expect that Victoria’s Secret & Co. will post 1.67 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
Read Our Latest Stock Analysis on Victoria’s Secret & Co.
About Victoria’s Secret & Co.
Victoria's Secret & Co operates as a specialty retailer of women's intimate, and other apparel and beauty products worldwide. It offers bras, panties, lingerie, casual sleepwear, and athleisure and swim, as well as fragrances and body care; and loungewear, knit tops, activewear, and accessories and beauty under the Victoria's Secret, PINK, and Adore Me brands.
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