Victoria's Secret & Co reports results for the quarter ended April 30 - Earnings Summary

• Victoria's Secret & Co VSCO.N reported quarterly adjusted earnings of 9 cents​​ per share for the quarter ended April 30, lower than the same quarter last year, when the company reported EPS of 12 cents. The mean expectation of ten analysts for the quarter was for earnings of 4 cents per share. Wall Street expected results to range from -5 cents to 10 cents per share.

• Revenue fell 0.5% to $1.35 billion from a year ago; analysts expected $1.33 billion.

• Victoria's Secret & Co's reported EPS for the quarter was a loss of 2 cents​.

• The company reported a quarterly loss of $1.66 million.

• Victoria's Secret & Co shares had risen by 19.5% this quarter and lost 46.4% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 115% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 5 "hold" and 3 "sell" or "strong sell." The average consensus recommendation for the apparel & accessories retailers peer group is "buy."

• Wall Street's median 12-month price target for Victoria's Secret & Co is $24.00

This summary was machine generated from LSEG data June 11 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)