L Brands Reports Fourth Quarter And Full-Year 2016 Earnings
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L Brands (LB) PT Lowered to $40 at Jefferies on Weak 2017 Guidance; 'Monopoly Starting to Crack'
February 23, 2017 7:50 AM ESTJefferies analyst Randal Konik maintains Underperform rating and lowers price target on L Brands Inc. (NYSE: LB) to $40 (from $48), suggesting the monopoly is starting to crack, as the company offered solid 2016 fourth quarter results, but announced 2017 guidance well below consensus.
Konik... More
L Brands (LB) PT Lowered to $54 at FBR Capital Following 4Q16 Results, 1Q17 'Guidance Well Below Consensus'
February 23, 2017 6:20 AM ESTFBR and Co. analyst Susan Anderson maintains Market Perform rating, but lowers price target on L Brands Inc. (NYSE: LB) to $54 (from $60), noting traffic dropped significantly in February, as the company reported 2016 fourth quarter EPS above consensus, helped by a $0.11 tax benefit earnings, while offering... More
L Brands (LB) Tops Q4 EPS by 13c; Guides Lower
February 22, 2017 4:32 PM ESTL Brands (NYSE: LB) reported Q4 EPS of $2.03, $0.13 better than the analyst estimate of $1.90. Revenue for the quarter came in at $4.49 billion versus the consensus estimate of $4.51 billion.
Comparable sales for the fourth quarter ended Jan. 28, 2017, were flat.... More
