L Brands (LB) Tops Q4 EPS by 2c, Offers Q1 Guidance
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L Brands (NYSE: LB) reported Q4 EPS of $1.88, $0.02 better than the analyst estimate of $1.86. Revenue for the quarter came in at $4.71 billion versus the consensus estimate of $4.69 billion.
GUIDANCE:
L Brands sees Q1 2020 EPS of ($0.05), versus the consensus of $0.10.
- The company currently expects a 2020 first quarter adjusted loss per share of about $0.05. The company will not provide guidance for the full year at this time due to the pending transaction with Sycamore Partners, but the company’s guidance for the first quarter 2020 includes the Victoria’s Secret business.
For earnings history and earnings-related data on L Brands (LB) click here.
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