L Brands (NYSE: LB) reported Q4 EPS of $2.11, $0.06 better than the analyst estimate of $2.05. Revenue for the quarter came in at $4.82 billion versus the consensus estimate of $4.72 billion.

Comparable sales for the 14-week fourth quarter ended Feb. 3, 2018, increased 2 percent compared to the 14 weeks ended Feb. 4, 2017. The extra week in 2017 represented approximately $160 million in sales.

2018 Outlook

The company currently expects 2018 full-year earnings per share to be between $2.95 and $3.25, including earnings per share between $0.15 and $0.20 in the first quarter. This forecast reflects the benefit of a lower tax rate due to tax reform legislation and an incremental investment in wages and benefits, principally for hourly associates, of approximately $100 million.

(Street sees Q1 EPS of $0.31 and FY EPS of $3.50)

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