Top Wall Street Forecasters Revamp Victoria's Secret Expectations Ahead Of Q3 Earnings

Earnings Expectations - Victoria's Secret & Co. is set to release its third-quarter earnings results on December 5, with analysts predicting a loss of 59 cents per share, compared to a loss of 50 cents per share in the same quarter last year [1] - The consensus estimate for quarterly revenue is $1.41 billion, an increase from $1.35 billion a year earlier [1] Recent Performance - On August 28, Victoria's Secret reported better-than-expected second-quarter earnings and sales results, yet shares fell by 2.2% to close at $41.57 [2] Analyst Ratings and Price Targets - Telsey Advisory Group analyst Dana Telsey maintained a Market Perform rating and raised the price target from $29 to $45 [4] - JP Morgan analyst Matthew Boss kept a Neutral rating and increased the price target from $27 to $28 [4] - Morgan Stanley analyst Alex Straton maintained an Equal-Weight rating and raised the price target from $20 to $27 [4] - UBS analyst Jay Sole maintained a Neutral rating and increased the price target from $21 to $25 [4] - Wells Fargo analyst Ike Boruchow maintained an Underweight rating and raised the price target from $14 to $17 [4]