L Brands (LB) Scheduled to Post Earnings on Wednesday
L Brands (NYSE:LB) will post its Q114 quarterly earnings results on Wednesday, May 21st. Analysts expect L Brands to post earnings of $0.52 per share and revenue of $2.38 billion for the quarter. L Brands has set its Q1 guidance at $0.44-0.49 EPS and its FY15 guidance at $3.00-3.20 EPS.Persons interested in listening to the company’s earnings conference call can do so using this link.
L Brands (NYSE:LB) last released its earnings data on Wednesday, February 26th. The company reported $1.65 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.61 by $0.04. The company had revenue of $3.82 billion for the quarter, compared to the consensus estimate of $3.89 billion. During the same quarter in the prior year, the company posted $1.76 earnings per share. The company’s quarterly revenue was down 1.0% on a year-over-year basis. On average, analysts expect L Brands to post $3.25 EPS for the current fiscal year and $3.61 EPS for the next fiscal year.
L Brands (NYSE:LB) opened at 57.96 on Tuesday. L Brands has a 52-week low of $48.76 and a 52-week high of $67.12. The stock’s 50-day moving average is $55.77 and its 200-day moving average is $57.95. The company has a market cap of $16.866 billion and a price-to-earnings ratio of 19.02.
A number of analysts have recently weighed in on LB shares. Analysts at Mizuho raised their price target on shares of L Brands from $52.00 to $56.00 in a research note on Friday, April 11th. On the ratings front, analysts at Susquehanna raised their price target on shares of L Brands from $66.00 to $69.00 in a research note on Tuesday, March 11th. Finally, analysts at Zacks reiterated a “neutral” rating on shares of L Brands in a research note on Wednesday, March 5th. They now have a $59.00 price target on the stock. Two equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $62.60.
L Brands, Inc, formerly Limited Brands, Inc operates in the specialty retail business. The Company is a specialty retailer of women’s intimate and other apparel, beauty and personal care products and accessories.
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