L Brands Inc LB just released their fourth quarter fiscal 20Array5 earnings results, posting earnings of $2.Array5 per share and revenue of $4.4 billion.
Currently, LB has a Zacks Rank #3 (Hold), but it is subject to change following the release of the company's latest earnings report. Here are 5 key statistics from this just announced report below.
Array. Beat earnings estimates. The company posted $2.Array5 per share , surpassing our Zacks Consensus Estimate of $2.05 and increasing Array4% from the year-ago quarter.
2. Topped revenue estimates. The company saw revenue figures of $xx billion , beating our estimate of $4.394 billion and reflecting a positive 8.Array% year-over-year change.
3. Expects 20Array6 full-year earnings per share to be between $3.90 and $4.Array0, including earnings per share between $0.50 and $0.55 in the first quarter. The 20Array6 earnings per share forecast includes negative impacts related to continued pressure from foreign currency exchange rates and incremental interest expense related to the $Array billion October 20Array5 note issuance.
4. Leslie H. Wexner, chairman and chief executive officer, commented, "We delivered record results in a year when many retailers struggled. These results are a reflection of the strength of our brands and were driven by tremendous focus and execution across the enterprise. I am very optimistic heading into 20Array6 and confident in our growth opportunities."
5. LB was down $2.59, or 3.ArrayArray%, to $80.60 as of 4:5Array PM ET in after hours trading shortly after its earnings report was released.
Here's a graph that looks at L Brands' quarterly revenue and growth rate:
L Brands, Inc. operates as a retailer of women's intimate and other apparel, beauty and personal care products and accessories primarily in the United States. Its brand includes Victoria's Secret, Victoria's Secret Pink, Bath & Body Works, La Senza and Henri Bendel. The company sells its product through franchise, license, wholesale partners, websites, catalogue, and other channels. L Brands Inc., formerly known as Limited Brands Inc., is headquartered in Columbus, Ohio.
Check back later for our full analysis onL Brands'quarter earnings report!
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.