Limited Brands Earnings: Here’s Why Investors Don’t Like These Results
Limited Brands, Inc. (NYSE:LTD) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are down 0.14%.
Limited Brands, Inc. Earnings Cheat Sheet
Results: Adjusted Earnings Per Share increased 17.07% to $0.48 in the quarter versus EPS of $0.41 in the year-earlier quarter.
Revenue: Rose 5.29% to $2.27 billion from the year-earlier quarter.
Actual vs. Wall St. Expectations: Limited Brands, Inc. reported adjusted EPS income of $0.48 per share. By that measure, the company beat the mean analyst estimate of $0.46. It beat the average revenue estimate of $2.26 billion.
Quoting Management: There was no comment from the management.
Key Stats (on next page)…