Victoria’s Secret & Co. (NYSE:VSCO) Releases Q4 2024 Earnings Guidance

Victoria’s Secret & Co. (NYSE:VSCO) issued an update on its fourth quarter 2024 earnings guidance on Wednesday morning. The company provided EPS guidance of 2.200-2.300 for the period, compared to the consensus EPS estimate of 2.250. The company issued revenue guidance of $2.1 billion-$2.2 billion, compared to the consensus revenue estimate of $2.1 billion.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on VSCO shares. Telsey Advisory Group dropped their price target on Victoria’s Secret & Co. from $50.00 to $40.00 and set a “market perform” rating on the stock in a research report on Thursday. Jefferies Financial Group raised their price objective on shares of Victoria’s Secret & Co. from $30.00 to $40.00 and gave the stock a “buy” rating in a research note on Tuesday, November 12th. UBS Group upgraded Victoria’s Secret & Co. from a “sell” rating to a “neutral” rating and lifted their price objective for the stock from $18.00 to $47.00 in a research report on Tuesday, December 10th. JPMorgan Chase & Co. upgraded Victoria’s Secret & Co. from an “underweight” rating to a “neutral” rating and increased their target price for the company from $29.00 to $45.00 in a report on Monday, December 9th. Finally, Wells Fargo & Company reissued an “equal weight” rating and issued a $45.00 price target (up from $33.00) on shares of Victoria’s Secret & Co. in a report on Monday, December 9th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $40.09.

Victoria’s Secret & Co. Price Performance

Shares of VSCO opened at $35.98 on Thursday. Victoria’s Secret & Co. has a 52 week low of $15.12 and a 52 week high of $48.73. The firm has a market cap of $2.83 billion, a price-to-earnings ratio of 18.76, a PEG ratio of 2.28 and a beta of 2.14. The company has a current ratio of 1.17, a quick ratio of 0.33 and a debt-to-equity ratio of 3.12. The stock has a 50 day moving average of $40.63 and a 200-day moving average of $30.50.

Victoria’s Secret & Co. (NYSE:VSCO) last posted its earnings results on Thursday, December 5th. The company reported ($0.50) EPS for the quarter, beating the consensus estimate of ($0.62) by $0.12. Victoria’s Secret & Co. had a return on equity of 44.74% and a net margin of 2.47%. The firm had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.29 billion. During the same period last year, the firm earned ($0.86) EPS. The firm’s revenue was up 6.5% compared to the same quarter last year. As a group, analysts forecast that Victoria’s Secret & Co. will post 2.31 EPS for the current year.

About Victoria’s Secret & Co.

Victoria’s Secret & Co operates as a lingerie, clothing and beauty retailer. It offers bras, panties, lingerie, pajamas, sleep, sport and swim apparel, and beauty products. The company was founded in 1963 and is headquartered in Reynoldsburg, OH.