Victoria's Secret Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Financial Performance - Victoria's Secret & Co. is expected to report fourth-quarter earnings of $2.3 per share, a decrease from$2.58 per share in the same period last year [1] - The company projects quarterly revenue of $2.08 billion, unchanged from the previous year [1] Management Changes - The company announced the retirement of Chief Financial and Administrative Officer Timothy Johnson and appointed Scott Sekella as the new Chief Financial Officer [2] Stock Performance and Analyst Ratings - Victoria's Secret shares fell 2.6$23.38 [2] - Analysts have varied opinions on the stock, with Wells Fargo maintaining an Equal-Weight rating and lowering the price target from $45 to$40 [4] - Goldman Sachs maintained a Sell rating and reduced the price target from $40 to$35 [4] - Barclays upgraded the stock from Equal-Weight to Overweight and raised the price target from $51 to$53 [4] - Morgan Stanley maintained an Equal-Weight rating and cut the price target from $44 to$40 [4] - TD Cowen maintained a Hold rating and increased the price target from $35 to$45 [4]