Victoria’s Secret & (US:VSCO) ZACKS·2024-12-02 19:30Core Viewpoint - Victoria's Secret is expected to report a quarterly loss of $0.64 per share, which is a 25.6% increase in loss compared to the same period last year, with revenues projected at $1.29 billion, reflecting a year-over-year increase of 1.9% [1] Group 1: Earnings Estimates - The consensus EPS estimate for the quarter has been adjusted upward by 1.5% over the past 30 days, indicating a collective reassessment by analysts [2] - Changes in earnings estimates are crucial for predicting potential investor reactions, as empirical studies show a strong relationship between earnings estimate revisions and short-term stock price performance [3] Group 2: Key Metrics - Analysts estimate 'Geographic Net Sales - Direct' to be $378.39 million, showing a year-over-year decline of 1.1% [5] - The projected number of 'Total stores - Company-Operated' is 815, down from 839 a year ago [5] - Analysts expect 'Total stores - China Joint Venture' to reach 70, compared to 69 in the same quarter last year [5] Group 3: Stock Performance - Shares of Victoria's Secret have increased by 23.3% over the past month, outperforming the Zacks S&P 500 composite, which moved up by 3.5% [6] - With a Zacks Rank of 3 (Hold), Victoria's Secret is expected to mirror overall market performance in the near future [6]