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L Brands Inc (NYSE:LB) issued an update on its FY15 earnings guidance on Wednesday morning. The company provided EPS guidance of $3.13-3.30 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.17, StockRatingsNetwork reports. L Brands also updated its Q3 guidance to $0.29-0.35 EPS.

L Brands Inc (NYSE:LB) traded up 0.16% on Wednesday, hitting $62.98. 2,632,259 shares of the company’s stock traded hands. L Brands Inc has a one year low of $50.78 and a one year high of $67.12. The stock has a 50-day moving average of $59.74 and a 200-day moving average of $57.13. The company has a market cap of $18.387 billion and a price-to-earnings ratio of 20.30.

L Brands (NYSE:LB) last issued its quarterly earnings data on Wednesday, August 20th. The company reported $0.63 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.62 by $0.01. The company had revenue of $2.68 billion for the quarter, compared to the consensus estimate of $2.65 billion. The company’s quarterly revenue was up 6.3% on a year-over-year basis. On average, analysts predict that L Brands Inc will post $3.17 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which is scheduled for Friday, September 5th. Shareholders of record on Friday, August 22nd will be given a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a yield of 2.16%. The ex-dividend date of this dividend is Wednesday, August 20th.

A number of research firms have recently commented on LB. Analysts at Nomura reiterated a neutral rating on shares of L Brands in a research note on Friday, August 8th. They now have a $59.00 price target on the stock, up previously from $55.00. On a related note, analysts at RBC Capital raised their price target on shares of L Brands from $62.00 to $64.00 in a research note on Friday, August 8th. They now have an outperform rating on the stock. Finally, analysts at Zacks reiterated a neutral rating on shares of L Brands in a research note on Tuesday, July 22nd. They now have a $60.00 price target on the stock. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock has an average rating of Hold and a consensus price target of $60.56.

L 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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