L Brands (LB) to Release Earnings on Wednesday

L Brands (NYSE:LB) is scheduled to be releasing its earnings data after the market closes on Wednesday, May 22nd.

L Brands (NYSE:LB) last posted its quarterly earnings data on Wednesday, February 27th. The specialty retailer reported $2.14 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.06 by $0.08. L Brands had a negative return on equity of 73.73% and a net margin of 4.86%. The firm had revenue of $4.85 billion during the quarter, compared to the consensus estimate of $4.90 billion. During the same period in the prior year, the company earned $2.11 EPS. The firm’s revenue was up .6% compared to the same quarter last year. On average, analysts expect L Brands to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

NYSE LB opened at $22.51 on Wednesday. L Brands has a one year low of $22.03 and a one year high of $38.14. The firm has a market capitalization of $6.59 billion, a P/E ratio of 7.98, a PEG ratio of 0.93 and a beta of 0.51.

Several research firms recently commented on LB. DA Davidson reduced their price objective on L Brands to $26.00 and set a “neutral” rating for the company in a research note on Friday, March 1st. Zacks Investment Research raised L Brands from a “hold” rating to a “buy” rating and set a $30.00 price objective for the company in a research note on Friday, January 18th. MKM Partners reduced their price objective on L Brands from $29.00 to $26.00 and set a “neutral” rating for the company in a research note on Thursday, February 28th. UBS Group increased their price objective on L Brands from $26.00 to $28.00 and gave the company a “neutral” rating in a research note on Wednesday, April 10th. Finally, B. Riley reduced their price objective on L Brands from $44.00 to $41.00 and set a “buy” rating for the company in a research note on Thursday, February 21st. Four investment analysts have rated the stock with a sell rating, fifteen have issued a hold rating and ten have given a buy rating to the company. L Brands presently has a consensus rating of “Hold” and an average price target of $33.46.

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L Brands Company Profile

L Brands, Inc operates as a specialty retailer of women's intimate and other apparel, beauty and personal care products, home fragrance products, and accessories. The company operates in three segments: Victoria's Secret, Bath & Body Works, and Victoria's Secret and Bath & Body Works International.

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Earnings History for L Brands (NYSE:LB)

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