EPS for L Brands, Inc. (LB) Expected At $0.04

November 10, 2018 - By Jason Grubb

L Brands, Inc. (NYSE:LB) LogoInvestors sentiment decreased to 0.91 in Q2 2018. Its down 0.18, from 1.09 in 2018Q1. It is negative, as 47 investors sold L Brands, Inc. shares while 153 reduced holdings. 66 funds opened positions while 116 raised stakes. 193.22 million shares or 5.81% less from 205.13 million shares in 2018Q1 were reported.
Pub Employees Retirement Of Ohio holds 0.05% or 245,298 shares. Rhumbline Advisers has 399,139 shares for 0.03% of their portfolio. Nordea Mngmt Ab owns 9,955 shares. Exane Derivatives owns 81,551 shares or 0% of their US portfolio. Amica Pension Fund Board Of Trustees holds 0.05% of its portfolio in L Brands, Inc. (NYSE:LB) for 9,718 shares. Northern Trust owns 2.79 million shares for 0.03% of their portfolio. 60,322 are owned by Korea Investment Corp. Alethea Mngmt Ltd Liability reported 12,595 shares stake. Asset One Communication Limited invested in 371,793 shares or 0.03% of the stock. Regions Corporation reported 23,349 shares. Clark Estates Ny has invested 0.47% in L Brands, Inc. (NYSE:LB). Earnest Prns Limited Liability Corp reported 0% stake. Louisiana State Employees Retirement owns 14,300 shares. Barrow Hanley Mewhinney And Strauss Limited Liability Corporation reported 2.53M shares stake. Millennium Management holds 0% or 15,253 shares in its portfolio.

Analysts expect L Brands, Inc. (NYSE:LB) to report $0.04 EPS on November, 21.They anticipate $0.26 EPS change or 86.67 % from last quarter’s $0.3 EPS. LB’s profit would be $11.00 million giving it 228.13 P/E if the $0.04 EPS is correct. After having $0.36 EPS previously, L Brands, Inc.’s analysts see -88.89 % EPS growth. The stock decreased 1.24% or $0.46 during the last trading session, reaching $36.5. About 6.58M shares traded or 11.52% up from the average. L Brands, Inc. (NYSE:LB) has declined 28.63% since November 11, 2017 and is downtrending. It has underperformed by 44.25% the S&P500.

L Brands, Inc. (NYSE:LB) Ratings Coverage

Among 17 analysts covering L Brands (NYSE:LB), 5 have Buy rating, 1 Sell and 11 Hold. Therefore 29% are positive. L Brands had 27 analyst reports since May 11, 2018 according to SRatingsIntel. The stock has “Neutral” rating by Atlantic Securities on Friday, May 11. The rating was maintained by Bank of America with “Underperform” on Thursday, August 23. The firm has “Equal-Weight” rating given on Friday, August 24 by Morgan Stanley. The rating was maintained by Nomura on Thursday, June 7 with “Neutral”. The firm earned “Buy” rating on Thursday, August 23 by FBR Capital. The rating was maintained by Credit Suisse with “Neutral” on Thursday, August 23. The firm has “Buy” rating given on Friday, May 25 by FBR Capital. PiperJaffray maintained L Brands, Inc. (NYSE:LB) rating on Thursday, May 24. PiperJaffray has “Neutral” rating and $30 target. KeyBanc Capital Markets upgraded the shares of LB in report on Thursday, November 8 to “Sector Weight” rating. The stock of L Brands, Inc. (NYSE:LB) has “Neutral” rating given on Friday, September 7 by Nomura.

L Brands, Inc. operates as a specialty retailer of women's intimate and other apparel, beauty and personal care products, and accessories. The company has market cap of $10.04 billion. The firm operates in three divisions: Victoria's Secret, Bath & Body Works, and Victoria's Secret and Bath & Body Works International. It has a 11.55 P/E ratio. The Company’s products include loungewear, bras, panties, swimwear, athletic attire, fragrances, shower gels and lotions, aromatherapy, soaps and sanitizers, home fragrances, handbags, jewelry, and personal care accessories.

Another recent and important L Brands, Inc. (NYSE:LB) news was published by Globenewswire.com which published an article titled: “L Brands Reports October 2018 Sales; Updates Third Quarter Earnings Guidance” on November 08, 2018.

L Brands, Inc. (NYSE:LB) Institutional Positions Chart

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