L Brands reported third quarter earnings that matched analyst's expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $0.04 on revenue of $2.73B. Analysts polled by expected EPS of $0.04 on revenue of $2.69B. That compared to EPS of $0.3 on revenue of $2.62B in the same period a year earlier The company had reported EPS of $0.36 on revenue of $2.98B in the previous quarter.
L Brands shares slightly moved 6% to trade at $30.21 in after-hours trade following the report.
For the year, L Brands shares are down 50.68%, under-performing the S&P 500 which is up 1.66% year to date.
L Brands follows other major Services sector earnings this month
On October 4, Costco (NASDAQ:COST) reported fourth quarter EPS of $2.36 on revenue of $44.41B, compared to forecasts of EPS of $2.36 on revenue of $44.23B.
Walgreens Boots earnings beat analyst's expectations on Thursday, with fourth quarter EPS of $1.48 on revenue of $33.44B. analysts expected EPS of $1.45 on revenue of $33.84B
