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L Brands Inc. Q1 adjusted earnings Miss Estimates

Below are the earnings highlights for L Brands Inc. (LB):

-Earnings: -$296.87 million in Q1 vs. $40.26 million in the same period last year.
-EPS: -$1.07 in Q1 vs. $0.14 in the same period last year.
-Excluding items, L Brands Inc. reported adjusted earnings of -$275.22 million or -$0.99 per share for the period.
-Analysts projected -$0.66 per share
-Revenue: $1.65 billion in Q1 vs. $2.63 billion in the same period last year.

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