Investing.com – L Brands reported fourth quarter that beat analysts’ expectations on Wednesday and revenue that fell short of forecasts.
The firm reported earnings per share of $2.14 on revenue of $4.85B. Analysts polled by Investing.com forecast EPS of $2.07 on revenue of $4.89B. That compared to EPS of $2.11 on revenue of $4.82B in the same period a year earlier. The company had reported EPS of $0.16 on revenue of $2.77B in the previous quarter.
For the year, L Brands shares are up 6.74%, under-performing the which is up 12.73% year to date.
L Brands follows other major Services sector earnings this month
On January 31, Amazon.com reported fourth quarter EPS of $6.04 on revenue of $72.38B, compared to forecasts of EPS of $5.65 on revenue of $71.88B.
Alibaba earnings beat analyst’s expectations on January 30, with third quarter EPS of $12.19 on revenue of $117.28B. Investing.com analysts expected EPS of $11.45 on revenue of $119.03B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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