Investing.com - L Brands (NYSE:LB) reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
L Brands announced earnings per share of $3.03 on revenue of $4.82B. Analysts polled by Investing.com anticipated EPS of $2.9 on revenue of $4.89B.
L Brands shares are up 38.88% from the beginning of the year, still down 2.09% from its 52 week high of $52.75 set on February 24. They are outperforming the S&P 500 which is up 4.49% from the start of the year.
L Brands shares gained 2.38% in after-hours trade following the report.
L Brands follows other major Services sector earnings this month
L Brands's report follows an earnings beat by Amazon.com on February 2, who reported EPS of $14.09 on revenue of $125.56B, compared to forecasts EPS of $7.2 on revenue of $119.72B.
Alibaba ADR had beat expectations on February 2 with third quarter EPS of $22.03 on revenue of $221.08B, compared to forecast for EPS of $20.59 on revenue of $214.17B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar