U.S. Markets closed

L Brands Earnings Beat, Revenue Misses In Q2

Investing.com - L Brands (NYSE:LB) reported second quarter earnings that beat analysts' expectations on Wednesday and revenue that fell short of forecasts.

The firm reported earnings per share of $0.24 on revenue of $2.9B. Analysts polled by Investing.com anticipated EPS of $0.19 on revenue of $2.95B. That compared to EPS of $0.36 on revenue of $2.98B in the same period a year earlier. The company had reported EPS of $0.14 on revenue of $2.63B in the previous quarter.

L Brands follows other major Services sector earnings this month

On July 25, Amazon.com reported second quarter EPS of $5.22 on revenue of $63.4B, compared to forecasts of EPS of $5.56 on revenue of $62.52B.

Alibaba ADR earnings beat analysts' expectations on August 15, with first quarter EPS of $12.55 on revenue of $114.92B. Investing.com analysts expected EPS of $10.3 on revenue of $111.83B

L Brands Earnings Beat, Revenue Misses In Q2

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

Related Articles

Tokyo skyline reaches for new heights with $5 billion Mori project

Australia to crack down on high-stakes derivatives trading

Asia shares find support, still waiting on stimulus