Victoria's Secret (NYSE:VSCO) reported quarterly earnings of $1.09 per share which beat the analyst consensus estimate of $0.95 by 14.74 percent. This is a 36.26 percent decrease over earnings of $1.71 per share from the
Victoria's Secret & Co (NYSE: VSCO) shares are trading higher by 1.83% to $39.04 Wednesday afternoon. Traders and investors are watching for the company’s second-quarter earnings report, confirmed for Wednesday's after-hours session.
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Victoria's Secret (NYSE:VSCO) is set to give its latest quarterly earnings report on Wednesday, 2022-08-24. Here's what investors need to know before the announcement.
Analysts estimate that Victoria's Secret will report an earnings per share (EPS) of $0.95.
Understanding Value Stocks
A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.