Bath & Body Works Incexpected to post earnings of 36 cents a share - Earnings Preview

Bath & Body Works Inc (BBWI.N) (BBWI.K) is expected to show a fall in quarterly revenue when it reports results on August 28 for the period ending January 1 0001 The Columbus Ohio-based company is expected to report a 1.0% decrease in revenue to $1.543 billion from $1.56 billion a year ago, according to the mean estimate from 16 analysts, based on LSEG data.The company’s guidance on June 4 2024, for the period ended July 31, was for revenue between $1.53 billion and $1.56 billion. LSEG’s mean analyst estimate for Bath & Body Works Inc is for earnings of 36 cents per share. The company’s EPS guidance on June 4 2024, for the period ended July 31, was between $0.31 and $0.36 The current average analyst rating on the shares is “buy” and the breakdown of recommendations is 11 “strong buy” or “buy,” 9 “hold” and no “sell” or “strong sell.” The mean earnings estimate of analysts had risen by about 0.7% in the last three months. Wall Street’s median 12-month price target for Bath & Body Works Inc is $52.50, above its last closing price of $35.60. The company’s guidance on June 4 2024 for the period ended July 31 was for gross profit margin of USD40%. Previous quarterly performance (using preferred earnings measure in US dollars). QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI ENDING ARTESTIMAT ESTIMATE MET, SE % E® MISSED Apr. 30 2024 0.34 0.33 0.38 Beat 13.5 Jan. 31 2024 1.93 1.87 2.06 Beat 10 Oct. 31 2023 0.36 0.35 0.48 Beat 36.8 Jul. 31 2023 0.35 0.33 0.40 Beat 20.2 Apr. 0.27 0.26 0.33 Beat 28.5 30 2023 Jan. 1 0001 1.64 1.62 1.86 Beat 14.8 Oct. 31 2022 0.21 0.20 0.40 Beat 102.3 Jul. 31 2022 0.41 0.44 0.52 Beat 17 This summary was machine generated August 26 at 13:44 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)