24.02.2016 22:35:45
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L Brands Inc. Earnings Rise 13% In Q4
(RTTNews) - L Brands Inc. (LB) revealed a profit for its fourth quarter that rose from last year.
The company said its bottom line climbed to $636.02 million, or $2.15 per share. This was up from $564.81 million, or $1.89 per share, in last year's fourth quarter.
Analysts had expected the company to earn $2.05 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 8.1% to $4.40 billion. This was up from $4.07 billion last year.
L Brands Inc. earnings at a glance:
-Earnings (Q4): $636.02 Mln. vs. $564.81 Mln. last year. -Earnings Growth (Y-o-Y): 12.6% -EPS (Q4): $2.15 vs. $1.89 last year. -EPS Growth (Y-o-Y): 13.8% -Analysts Estimate: $2.05 -Revenue (Q4): $4.40 Bln vs. $4.07 Bln last year. -Revenue Change (Y-o-Y): 8.1%
-Guidance: Next quarter EPS guidance: $0.50 - $0.55 Full year EPS guidance: $3.90 - $4.10
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