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

November 10, 2018 - By Peter Erickson

L Brands, Inc. (NYSE:LB) LogoInvestors sentiment decreased to 0.91 in Q2 2018. Its down 0.18, from 1.09 in 2018Q1. It turned 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.
Norinchukin Comml Bank The owns 30,051 shares for 0.02% of their portfolio. The Pennsylvania-based Vantage Invest Advsrs Ltd Liability Com has invested 0% in L Brands, Inc. (NYSE:LB). The California-based Pring Turner Cap Gru has invested 2.16% in L Brands, Inc. (NYSE:LB). 274,043 are owned by Pacifica Lc. 326 are held by Reilly Fin Ltd Liability Corp. Westpac reported 0% stake. Captrust Advsrs invested in 405 shares. Farmers Merchants Invs Inc has 0% invested in L Brands, Inc. (NYSE:LB) for 125 shares. Bkd Wealth Advsr Ltd Co holds 0.04% of its portfolio in L Brands, Inc. (NYSE:LB) for 10,282 shares. South Carolina-based Greenwood Capital Associate Limited Liability Corp has invested 0.06% in L Brands, Inc. (NYSE:LB). 10,185 were reported by Thrivent Financial For Lutherans. Moreover, Robecosam Ag has 0.13% invested in L Brands, Inc. (NYSE:LB) for 82,990 shares. State Bank Of America Corp De has 651,871 shares. Commerzbank Aktiengesellschaft Fi reported 0.07% in L Brands, Inc. (NYSE:LB). Parkside Financial Bank, a Missouri-based fund reported 97 shares.

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. As per Thursday, June 7, the company rating was maintained by Nomura. The rating was maintained by Nomura with “Neutral” on Thursday, May 24. The rating was downgraded by Morgan Stanley on Friday, August 24 to “Equal-Weight”. The firm has “Neutral” rating by UBS given on Thursday, August 23. As per Friday, August 24, the company rating was maintained by Barclays Capital. The stock of L Brands, Inc. (NYSE:LB) has “Neutral” rating given on Friday, August 10 by JP Morgan. On Friday, May 25 the stock rating was maintained by FBR Capital with “Buy”. KeyBanc Capital Markets maintained the shares of LB in report on Friday, August 24 with “Underweight” rating. On Friday, October 12 the stock rating was maintained by Nomura with “Neutral”. Morgan Stanley maintained it with “Overweight” rating and $56 target in Friday, May 25 report.

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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