Core Insights - Momentum investing focuses on following a stock's recent price trends, with the aim of buying high and selling higher, capitalizing on established price movements [1] - Victoria's Secret (VSCO) currently holds a Momentum Style Score of A, indicating strong potential for momentum investing [2] - The Zacks Rank for Victoria's Secret is 1 (Strong Buy), suggesting that stocks with this rating and a Style Score of A or B tend to outperform the market in the following month [3] Price Performance - Over the past week, VSCO shares increased by 0.26%, while the Zacks Leisure and Recreation Products industry declined by 1.77% [5] - In a longer timeframe, VSCO's monthly price change is 26.84%, significantly outperforming the industry's 0.58% [5] - Over the past quarter, VSCO shares rose by 26.91%, and over the last year, they increased by 25.79%, compared to the S&P 500's gains of 4.64% and 23.73%, respectively [6] Trading Volume - The average 20-day trading volume for VSCO is 3,271,710 shares, which serves as a useful indicator for price movements [7] Earnings Outlook - In the past two months, 6 earnings estimates for VSCO have been revised upwards, with no downward revisions, boosting the consensus estimate from $1.72 to $2.01 [9] - For the next fiscal year, 5 estimates have also moved upwards, indicating positive sentiment regarding future earnings [9]

Victoria's Secret & Co. (VSCO) stock recently made a comeback despite registering a 10.5% decline in the past six months. VSCO has rallied 37.4% compared with the industry's 12.8% rise and the S&P 500's 8.7% increase in the past month. The upside signals a potential turnaround, capturing investors' attention and positioning VSCO as a stock to watch closely. As of Friday, the stock closed at $23.46, below its 52-week high of $30.80 but above its 52-week low of $13.62. It also underperformed other industry pl ...

Victoria's Secret & Co. (VSCO) posted decent second-quarter fiscal 2024 results, with the top and the bottom line surpassing the Zacks Consensus Estimate. Earnings beat the consensus estimate for the third straight quarter. Victoria's Secret posted positive business trends in North America in the third quarter, with encouraging early feedback on fall assortments for Victoria's Secret and PINK brands. The beauty segment performed well, driving customer traffic to stores. Going forward, the company emphasized ...

Victoria's Secret (VSCO) reported $1.42 billion in revenue for the quarter ended July 2024, representing a yearover-year decline of 0.7%. EPS of $0.40 for the same period compares to $0.24 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $1.41 billion, representing a surprise of +0.44%. The company delivered an EPS surprise of +5.26%, with the consensus EPS estimate being $0.38. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall ...

Victoria's Secret (VSCO) came out with quarterly earnings of $0.40 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.24 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 5.26%. A quarter ago, it was expected that this retailer of lingerie, pajamas and beauty products would post earnings of $0.11 per share when it actually produced earnings of $0.12, delivering a surprise of 9.09 ...

Sales performance sequentially improved for fourth consecutive quarter Quarterly operating income growth for first time since 2021 Raises full year 2024 outlook and provides third quarter guidance REYNOLDSBURG, Ohio, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Victoria's Secret & Co. ("Victoria's Secret" or the "Company") (NYSE: VSCO) today reported financial results for the second quarter ended August 3, 2024. Interim Chief Executive Officer and Chief Financial and Administrative Officer Timothy (TJ) Johnson comment ...

Victoria's Secret & Co. (VSCO) is scheduled to report second-quarter 2024 results on Aug 28. In the last reported quarter, VSCO's earnings beat the Zacks Consensus Estimate by 9.1%. Q2 Estimates The Zacks Consensus Estimate for second-quarter earnings per share is pegged at 38 cents, indicating a gain of 58.3% from the year-ago reported figure. In the past 30 days, estimate revisions have witnessed upward movements of 123.5%. The consensus mark for revenues is pegged at $1.41 billion, implying a 1.4% decrea ...

Investors might want to bet on Victoria's Secret (VSCO) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook. The upward trend in estimate revisions for this retailer of lingerie, pajamas and beauty products reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical resea ...

Wall Street expects a year-over-year increase in earnings on lower revenues when Victoria's Secret (VSCO) reports results for the quarter ended July 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 2 ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Victoria's Secret (VSCO) , which belongs to the Zacks Leisure and Recreation Products industry, could be a great candidate to consider. When looking at the last two reports, this retailer of lingerie, pajamas and beauty products has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 6.98%, on average, in the ...