Breaking News
Investing Pro 0
💎 Reveal Undervalued Stocks Hiding in Any Market Get Started

5 big earnings reports: Victoria's Secret surges on bolstered guidance

Stock Markets Jan 12, 2023 05:44AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters.
 
ISRG
+0.22%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
KBH
-1.57%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
TSM
-0.31%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
ICHR
+2.42%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
VSCO
+0.51%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 

By Davit Kirakosyan

Investing.com -- In case you missed it, here are the 5 biggest recent earnings announcements. Get this news in real time by signing up for InvestingPro.

Victoria's Secret (NYSE:VSCO) jumped more than 12% after the company updated its outlook for Q4/22, expecting its operating income to be in the range of $245-$265 million (vs. prior $240-$290 million), and diluted EPS in the range of $2.05-$2.25 (vs. prior $2.00-$2.45). Management reaffirmed Q4 sales guidance provided on November 30, 2022, which forecasted a net sales decline in the high-single-digit range. The company also announced that its Board of Directors approved a new $250 million share-repurchase program.

KB Home (NYSE:KBH) shares fell more than 2% after-hours following the company’s reported Q4 results, with EPS of $2.47 missing the consensus estimate of $2.87. Revenue increased 16% year-over-year to $1.94 billion, coming in worse than the consensus estimate of $1.98 billion. For Q1/23, management expects housing revenues to be in the range of $1.25-$1.40 billion and an average selling price in the range of $490,000 -$500,000.

Intuitive Surgical (NASDAQ:ISRG) shares fell more than 4% after the company announced its preliminary Q4 results, expecting revenue to come in at $1.66 billion, below the consensus estimate of $1.68 billion.

Taiwan Semi (NYSE:TSM) shares were recently trading nearly 2% higher pre-market today after the company reported its Q4 results, with EPS of $1.82 coming in better than the consensus estimate of $1.78. Revenue was $19.93 billion, compared with the consensus estimate of $20.38 billion.

Ichor (NASDAQ:ICHR) shares closed down more than 3% lower after the company announced its preliminary Q4 results expecting revenues to be in the range of $300-$302 million, missing the consensus estimate of $335 million.

***

If you’re interested in upgrading your search for new investing ideas, check out InvestingPro.

5 big earnings reports: Victoria's Secret surges on bolstered guidance
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.
  • Any comment you publish, together with your investing.com profile, will be public on investing.com and may be indexed and available through third party search engines, such as Google.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Comments (5)
Jay Garrelts
Jay Garrelts Jan 13, 2023 2:53AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
The house of Epstein ewww
Zahir Fareed
Zahir Fareed Jan 12, 2023 10:54AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
nice
Dani Boy
Dani Boy Jan 12, 2023 9:42AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
nice
Rakesh Priyanka
Rakesh Priyanka Jan 12, 2023 9:12AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
أبو محمود
أبو محمود Jan 12, 2023 7:20AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email