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. Price Performance
Shares of VSCO traded up $0.57 during midday trading on Thursday, reaching $18.61. The stock had a trading volume of 1,782,790 shares, compared to its average volume of 2,689,971. Victoria’s Secret & Co. has a 52 week low of $13.62 and a 52 week high of $30.80. The company has a debt-to-equity ratio of 2.56, a current ratio of 0.95 and a quick ratio of 0.34. The firm’s 50 day moving average price is $18.91 and its 200-day moving average price is $22.62. The company has a market capitalization of $1.44 billion, a P/E ratio of 13.68, a P/E/G ratio of 1.11 and a beta of 2.05.
Victoria’s Secret & Co. (NYSE:VSCO – Get Free Report) last announced its earnings results on Wednesday, March 6th. The company reported $2.58 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.46 by $0.12. The company had revenue of $2.08 billion for the quarter, compared to analyst estimates of $2.09 billion. Victoria’s Secret & Co. had a return on equity of 56.40% and a net margin of 1.77%. On average, analysts forecast that Victoria’s Secret & Co. will post 1.67 earnings per share for the current fiscal year.
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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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