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L Brands Earnings inline, Revenue Misses In Q3

Published 11/20/2019, 10:29 PM
Updated 11/20/2019, 10:30 PM
© Reuters.  L Brands Earnings inline, Revenue Misses In Q3

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

The firm reported earnings per share of $0.02 on revenue of $2.68B. Analysts polled by Investing.com anticipated EPS of $0.02 on revenue of $2.69B. That compared to EPS of $0.16 on revenue of $2.77B in the same period a year earlier. The company had reported EPS of $0.24 on revenue of $2.9B in the previous quarter.

L Brands follows other major Services sector earnings this month

On October 24, Amazon.com reported third quarter EPS of $4.23 on revenue of $69.98B, compared to forecasts of EPS of $4.61 on revenue of $68.83B.

Alibaba ADR earnings beat analysts' expectations on November 1, with second quarter EPS of $13.1 on revenue of $119.02B. Investing.com analysts expected EPS of $10.75 on revenue of $116.96B

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

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