Bath & Body Works BBWI reported its Q2 earnings results on Wednesday, August 17, 2022 at 04:15 PM.
Here's what investors need to know about the announcement.
Earnings
Bath & Body Works beat estimated earnings by 15.56%, reporting an EPS of $0.52 versus an estimate of $0.45.
Revenue was down $86.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.14 which was followed by a 6.78% drop in the share price the next day.
Here's a look at Bath & Body Works's past performance:
Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
---|---|---|---|---|
EPS Estimate | 0.50 | 2 | 0.59 | 0.83 |
EPS Actual | 0.64 | 2.3 | 0.92 | 1.34 |
Revenue Estimate | 1.38B | 2.64B | 1.59B | 1.68B |
Revenue Actual | 1.45B | 3.03B | 1.68B | 1.70B |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Bath & Body Works management provided guidance for FY 2022, expecting earnings between $2.7 and $3.0 per share.
To track all earnings releases for Bath & Body Works visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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