17.08.2016 22:19:23
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L Brands Inc. Earnings Rise 1% In Q2
(RTTNews) - L Brands Inc. (LB) revealed a profit for its second quarter that rose compared to the same period last year.
The company said its bottom line advanced to $204.66 million, or $0.70 per share. This was higher than $202.48 million, or $0.68 per share, in last year's second quarter.
Analysts had expected the company to earn $0.59 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 4.3% to $2.89 billion. This was up from $2.77 billion last year.
L Brands Inc. earnings at a glance:
-Earnings (Q2): $204.66 Mln. vs. $202.48 Mln. last year. -Earnings Growth (Y-o-Y): 1.1% -EPS (Q2): $0.70 vs. $0.68 last year. -EPS Growth (Y-o-Y): 2.9% -Analysts Estimate: $0.59 -Revenue (Q2): $2.89 Bln vs. $2.77 Bln last year. -Revenue Change (Y-o-Y): 4.3%
-Guidance: Next quarter EPS guidance: $0.40 - $0.45 Full year EPS guidance: $3.70 - $3.85
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