Limited Brands (LTD) Issues Q3 Earnings Guidance
Limited Brands (LTD) issued an update on its third quarter earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $0.23-0.25 for the period.
Limited Brands (LTD) traded down 0.71% on Thursday, hitting $47.55. Limited Brands (LTD) has a 52-week low of $37.57 and a 52-week high of $52.20. The company has a market cap of $13.667 billion and a price-to-earnings ratio of 20.10.
Limited Brands last posted its quarterly earnings results on Wednesday, August 15th. The company reported $0.50 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.47 by $0.03. Limited Brands’s revenue was down 2.4% compared to the same quarter last year. Analysts expect that Limited Brands (LTD) will post $2.87 EPS for the current fiscal year.
LTD has been the subject of a number of recent research reports. Analysts at BMO Capital Markets reiterated a market perform rating on shares of Limited Brands in a research note to investors on Thursday, October 18th. They now have a $46.00 price target on the stock. On a related note, analysts at Zacks reiterated a neutral rating on shares of Limited Brands in a research note to investors on Monday, October 8th. They now have a $53.00 price target on the stock. Finally, analysts at RBC Capital reiterated an outperform rating on shares of Limited Brands in a research note to investors on Friday, October 5th. They now have a $54.00 price target on the stock.
Limited Brands, Inc. operates in a specialty retail business. The Company is a specialty retailer of women’s intimate and other apparel, beauty and personal care products and accessories.
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