L Brands (LB) Misses Q1 EPS by 1c, Beats on Revenues; Lowers FY18 EPS Outlook Below Consensus

L Brands (NYSE: LB) reported Q1 EPS of $0.17, $0.01 worse than the analyst estimate of $0.18. Revenue for the quarter came in at $2.63 billion versus the consensus estimate of $2.59 billion.

2018 Outlook

The company decreased its guidance for 2018 full-year earnings per share to $2.70 to $3.00 from $2.95 to $3.25 previously, and issued guidance for second quarter earnings per share between $0.30 and $0.35.

GUIDANCE:

L Brands sees FY2018 EPS of $2.70-$3.00, versus the consensus of $3.14.

For earnings history and earnings-related data on L Brands (LB) click here.

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