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Limited Brands Q2 Earnings Beat, but Provides Mixed Outlook (LTD)

By Dividend.com August 15, 2012, 04:50:58 PM EDT

Women's products maker Limited Brands, Inc. ( LTD ) late Wednesday posted better-than-expected second quarter earnings results, but its third quarter and full-year forecasts could still miss Wall Street's expectations.

The Columbus, OH-based company reported second quarter net income of 50 cents per share on revenue of $2.4 billion. On average, Wall Street analysts expected a smaller profit of 48 cents per share, on lower revenue of $2.38 billion.

Looking ahead, Limited Brands forecast third quarter earnings of 15 to 20 cents per share, which would miss analysts' estimate of 24 cents.

For the full year 2012, LTD now expects earnings to range from $2.73 2.88 per share, up from a prior outlook of $2.63 to $2.83. Analysts are currently looking for $2.84 per share for the year.

Limited Brands shares posted modest losses in aftermarket trading Wednesday.

The Bottom Line
Shares of Limited Brands ( LTD ) have a 2.04% dividend yield, based on today's closing stock price of $48.99. The stock has technical support in the $45-$46 price area. The stock is trading near the all-time highs of $51-$52 a share.

Limited Brands, Inc. ( LTD ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Stocks

Referenced Stocks: LTD



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