Investing.com - L Brands (NYSE:LB) reported second quarter earnings that beat analyst's expectations on Wednesday and reported revenue that topped forecasts.
The firm reported earnings per share of $0.36 on revenue of $2.98B. Analysts polled by Investing.com forecast EPS of $0.34 on revenue of $2.93B.
That compared to EPS of $0.48 on revenue of $2.76B in the same period a year earlier.. The company had reported EPS of $0.17 on revenue of $2.63B in the previous quarter.
L Brands shares gained 0.06% to trade at $32.49 in after-hours trade following the report.
For the year, L Brands shares are down 46.96%, under-performing the S&P 500 which is up 6.64% year to date.
L Brands follows other major Services sector earnings this month
On July 26, Amazon.com (NASDAQ:AMZN) reported second quarter EPS of 5.07 on revenue of 52.89B, compared to forecasts of EPS of 2.48 on revenue of 53.37B.
Visa (NYSE:V) earnings beat analyst's expectations on July 25, with third quarter EPS of 1.2 on revenue of 5.24B. Investing.com analysts expected EPS of 1.09 on revenue of 5.09B