Bath & Body Works Inc (NYSE:BBWI) shares rose slightly in early trading on Friday, after the company reported its fourth-quarter results.

The results came in amid an exciting earnings season. Here are some key analyst takeaways.

JPMorgan On Bath & Body Works

Analyst Matthew Boss maintained an Overweight rating and price target of $47.

Bath & Body Works reported fourth-quarter earnings of $2.09 per share, beating consensus of $2.04 per share, Boss said in a note. Although revenues declined by 4.3% year-on-year, the results were better than the 4.7% decline feared, he added.

Underlying revenues, excluding the 53rd week and shortened holiday calendar, grew 2%, accelerating sequentially from 1% in the previous quarter, the analyst stated. Management guided to full-year earnings of $3.25-$3.60 per share, with the midpoint being 6% below Street expectations of $3.63 per share, with assumptions of "a more aggressive competitive and promotional backdrop Y/Y," he further wrote.

Check out other analyst stock ratings.

Telsey Advisory Group On Bath & Body Works

Analyst Dana Telsey reiterated an Outperform rating and price target of $43.

Bath & Body Works delivered an earnings beat driven by a lower-than-expected decline in revenues and gross margin expansion, Telsey said. Management cited "product innovation, execution, and the customer experience" for the company's better-than-expected performance in the fourth quarter, she added.

The earnings guidance "appears prudently conservative," as it reflects the impact of U.S. tariffs on China and continued macro uncertainty, the analyst stated. "We continue to see BBWI as an established brand with a loyal customer base within an attractive consumer space characterized by strong purchase frequency of a consumable category," she further wrote.

BBW Price Action: Shares of Bath & Body Works had risen by 1.98% to $36.57 at the time of publication on Friday.

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