Victoria’s Secret (NYSE:VSCO) reported its Q1 earnings results on Wednesday, May 31, 2023 at 04:15 PM.
Here’s what investors need to know about the announcement.
Earnings
Victoria’s Secret missed estimated earnings by 48.15%, reporting an EPS of $0.28 versus an estimate of $0.54.
Revenue was down $77.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.13 which was followed by a 5.22% drop in the share price the next day.
Here’s a look at Victoria’s Secret’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 2.34 | 0.23 | 0.95 | 0.84 |
| EPS Actual | 2.47 | 0.29 | 1.09 | 1.11 |
| Revenue Estimate | 2.02B | 1.32B | 1.56B | 1.48B |
| Revenue Actual | 2.02B | 1.32B | 1.52B | 1.48B |
To track all earnings releases for Victoria’s Secret visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
