L Brands LB releases its next round of earnings this Wednesday, August 19. Here's Benzinga's essential guide to L Brands's Q2 earnings report.
Earnings and Revenue
Wall Street analysts see L Brands reporting a loss of $0.43 per share on revenue of $2.21 billion. L Brands earnings in the same period a year ago was $0.24 per share. Quarterly sales came in at $2.90 billion. If the company were to match the consensus estimate, earnings per share would be down 279.17%. Sales would have fallen 23.85% from the same quarter last year. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q1 2020 | Q4 2020 | Q3 2019 | Q2 2019 |
|---|---|---|---|---|
| EPS Estimate | -0.66 | 1.83 | 0.02 | 0.19 |
| EPS Actual | -0.99 | 1.88 | 0.02 | 0.24 |
| Revenue Estimate | 1.82 B | 4.66 B | 2.69 B | 2.95 B |
| Revenue Actual | 1.65 B | 4.71 B | 2.68 B | 2.90 B |
Stock Performance
Over the last 52-week period, shares are up 38.34%. Given that these returns are generally positive, long-term shareholders can be satisfied going into this earnings release.
Don't be surprised to see the stock move on comments made during its conference call. L Brands is scheduled to hold the call at 09:00:00 ET and can be accessed here: https://edge.media-server.com/mmc/p/zky4kpy8
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