Victoria’s Secret (NYSE:VSCO) Updates Q3 2021 Earnings Guidance

Victoria’s Secret (NYSE:VSCO) updated its third quarter 2021 earnings guidance on Wednesday. The company provided earnings per share guidance of $0.600-$0.700 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.910. The company issued revenue guidance of -.

A number of research firms recently commented on VSCO. B. Riley began coverage on Victoria’s Secret in a research report on Thursday, August 12th. They set a buy rating and a $87.00 price objective for the company. Telsey Advisory Group reduced their price objective on Victoria’s Secret from $76.00 to $73.00 and set a market perform rating for the company in a research report on Thursday, August 19th. Jefferies Financial Group upped their price objective on Victoria’s Secret from $78.00 to $85.00 and gave the company a buy rating in a research report on Friday, August 13th. JPMorgan Chase & Co. started coverage on Victoria’s Secret in a research report on Monday, August 9th. They set an overweight rating and a $100.00 price objective for the company. Finally, Morgan Stanley restated an equal weight rating on shares of Victoria’s Secret in a research report on Wednesday, August 25th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, Victoria’s Secret has an average rating of Buy and an average price target of $88.71.

Victoria’s Secret stock traded up $0.15 during midday trading on Wednesday, reaching $60.33. 4,705 shares of the stock traded hands, compared to its average volume of 2,320,768. Victoria’s Secret has a 12 month low of $47.97 and a 12 month high of $76.00.

Victoria’s Secret (NYSE:VSCO) last posted its quarterly earnings data on Tuesday, August 17th. The company reported $1.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.59 by $0.12. Research analysts predict that Victoria’s Secret will post 7.4 earnings per share for the current year.

About Victoria’s Secret

Victoria’s Secret & Co is an intimate specialty retailer offering assortment of modern, fashion-inspired collections including signature bras, panties, lingerie, casual sleepwear and athleisure, as well as prestige fragrances and body care. Victoria’s Secret & Co is based in COLUMBUS, Ohio.

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Earnings History and Estimates for Victoria`s Secret (NYSE:VSCO)

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