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LB News and Press, L Brands Inc. From 11/19/20

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Company Name: L Brands Inc.
Stock Symbol: LB
Market: NYSE

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LB - L Brands +17% as confidence from Wall Street rises

L Brands (LB) has extended on yesterday's post-earnings rally and is now up 16.65% in premarket trading. On Wall Street, Jefferies raises its ratings on L Brands to Hold from Underperform and bumped up its price target to $33 from $20. The call is notable since Jefferies has been a bear on L ...

LB - LB, YY, BERY and NKLA among premarket gainers

Phoenix New Media (FENG) +62% after announcing special distribution.Hudson Capital (HUSN) +37%.Aptevo Therapeutics (APVO) +31% following a disclosure that 42.5% shareholder Tang Capital Partners offered to buy the remaining shares for $50/share in cash.Corcept Therapeutics...

LB - Wall Street Breakfast: Coronavirus Concerns Resurface

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Coronavirus concerns resurfaceVaccine euphoria that helped propel stocks to record highs is wearing off as traders focus on a surge in coronavirus transmis...

LB - SONO, CD, ZTO and LB among after-hours movers

Gainers: [[SONO]] +22.6%. [[LB]] +14.3%. [[LOW]] +8.9%. [[FCEL]] +8.6%. [[AQST]] +6.9%.Losers: [[EVGN]] -14.9%. [[PNNT]] -7.3%. [[ZTO]] -5.8%. [[CD]] -5.5%. [[GPRO]] -5.1%. For further details see: SONO, CD, ZTO and LB among after-hours movers

LB - L Brands higher after comparable sales pop 56% for Bath & Beyond business

L Brands (LB) jumps after easily topping Q3 estimates. Comparable sales soared 28% during the quarter to more than double the +10.3% mark from analysts, led by a sizzling 56% comp from Bath & Body. CEO update: "As we head into the holidays, our inventories are well-positioned, and we are ...

LB - L Brands EPS beats by $1.03, beats on revenue

L Brands (LB): Q3 Non-GAAP EPS of $1.13 beats by $1.03; GAAP EPS of $1.17 beats by $1.16.Revenue of $3.06B (+14.2% Y/Y) beats by $380M.Comparable sales of +28% vs. consensus of +10.8%; Victoria's Secret +4% vs. consensus (2.6%); and Bath & Body +56% vs. consensus +36.3%.Shares +6.2%.Press...

LB - L Brands Reports Record Third Quarter 2020 Results

COLUMBUS, Ohio, Nov. 18, 2020 (GLOBE NEWSWIRE) -- L Brands, Inc. (NYSE: LB) today reported 2020 third quarter results. Third Quarter Results The company reported earnings per share of $1.17 for the third quarter ended Oct. 31, 2020, compared to a loss per share of $0.91 for ...

LB - L Brands Q3 2021 Earnings Preview

L Brands (NYSE:LB) is scheduled to announce Q3 earnings results on Wednesday, November 18th, after market close.The consensus EPS Estimate is $0.10 vs. $0.02 year ago and the consensus Revenue Estimate is $2.68B (flat Y/Y).Analysts expects Comps of +10.8% and gross margin rate of 35.4%.O...

LB - Coatue Management buys Best Buy, exits Boeing; Tesla stakes increased, Sorrento stakes slashed

In its recent 13F filing, Coatue Management reported a significant growth in total fund portfolio value to $19.05B from $11.37B in the earlier quarter.Notable buys: Best Buy (BBY), Expedia (EXPE), American Eagle Outfitters (AEO), L Brands (LB) and Gap (GPS).Q3 portfolio activity included nume...

LB - Bankruptcy Watch: Is L Brands in Danger?

The pandemic has disrupted many retail businesses. But strong ones were able to ride it out and are mostly back to growth. Companies that were struggling beforehand, however, have been filing for Chapter 11 bankruptcy protection at an alarming rate. Is L Brands (NYSE: LB) next in li...

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