Plus   Neg

L Brands Inc. Q4 adjusted earnings Beat Estimates

L Brands Inc. (LB) released a profit for fourth quarter that decreased from last year.

The company's bottom line totaled $0.54 billion, or $1.94 per share. This compares with $0.66 billion, or $2.33 per share, in last year's fourth quarter.

Excluding items, L Brands Inc. reported adjusted earnings of $0.59 billion or $2.14 per share for the period.

Analysts had expected the company to earn $2.07 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 0.6% to $4.85 billion from $4.82 billion last year.

L Brands Inc. earnings at a glance:

-Earnings (Q4): $0.59 Bln. vs. $0.60 Bln. last year.
-EPS (Q4): $2.14 vs. $2.11 last year.
-Analysts Estimate: $2.07
-Revenue (Q4): $4.85 Bln vs. $4.82 Bln last year.

For comments and feedback contact: editorial@rttnews.com

Follow RTT