L Brands Inc. Q3 Profit Advances 24%

(RTTNews) - L Brands Inc. (LB) released earnings for its third quarter that gained ground from last year.

The company said its bottom line advanced to $164.03 million, or $0.55 per share. This was higher than $131.81 million, or $0.44 per share, in last year's third quarter.

Analysts had expected the company to earn $0.52 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 6.9% to $2.48 billion. This was up from $2.32 billion last year.

L Brands Inc. earnings at a glance:

-Earnings (Q3): $164.03 Mln. vs. $131.81 Mln. last year. -Earnings Growth (Y-o-Y): 24.4% -EPS (Q3): $0.55 vs. $0.44 last year. -EPS Growth (Y-o-Y): 25.0% -Analysts Estimate: $0.52 -Revenue (Q3): $2.48 Bln vs. $2.32 Bln last year. -Revenue Change (Y-o-Y): 6.9%

-Guidance: Next quarter EPS guidance: $1.85 - $1.95 Full year EPS guidance: $3.69 - $3.79