Bath & Body Works Gears Up For Q1 Print; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Author: Avi Kapoor | June 04, 2024 03:08am

Bath & Body Works, Inc. (NYSE:BBWI) is set to release first-quarter financial results, before the opening bell on Tuesday.

Analysts expect the Columbus, Ohio-based company to report quarterly earnings at 32 cents per share, compared to 33 cents per share in the year-ago period. Bath & Body Works is expected to post revenue of $1.36 billion, according to data from Benzinga Pro.

On May 17, Bath & Body Works declared its regular quarterly dividend of 20 cents per share.

Bath & Body Works shares fell 0.3% to close at $51.81 on Monday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

JP Morgan analyst Matthew Boss upgraded the stock from Underweight to Neutral and raised the price target from $40 to $53 on May 17. This analyst has an accuracy rate of 67%.
Wells Fargo analyst Ike Boruchow maintained an Equal-Weight rating and increased the price target from $42 to $48 on April 24. This analyst has an accuracy rate of 73%.
UBS analyst Jay Sole maintained a Neutral rating and increased the price target from $46 to $52 on March 4. This analyst has an accuracy rate of 74%.
Baird analyst Mark Altschwager maintained an Outperform rating and increased the price target from $50 to $54 on March 1. This analyst has an accuracy rate of 68%.
BMO Capital analyst Simeon Siegel maintained an Outperform rating and increased the price target from $48 to $50 on March 1. This analyst has an accuracy rate of 75%.

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Posted In: BBWI