L Brands (NYSE:LB) reported first quarter earnings that beat analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $0.14 on revenue of $2.63B. Analysts polled by expected EPS of $0 on revenue of $2.56B. That compared to EPS of $0.17 on revenue of $2.63B in the same period a year earlier. The company had reported EPS of $2.14 on revenue of $4.85B in the previous quarter.
L Brands follows other major Services sector earnings this month
On April 25, Amazon.com reported first quarter EPS of $7.09 on revenue of $59.7B, compared to forecasts of EPS of $4.7 on revenue of $59.7B.
Alibaba ADR earnings beat analysts' expectations on May 15, with fourth quarter EPS of $8.57 on revenue of $93.5B. analysts expected EPS of $6.56 on revenue of $91.54B
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