L Brands Q1 Profit Up - Quick Facts

(RTTNews) - L Brands, Inc. (LB) Wednesday reported first-quarter profit of $156.9 million or $0.53 per share, up from $142.5 million or $0.48 per share in the same period last year.

On average, 27 analysts polled by Thomson Reuters expected the company to earn $0.52 per share for the quarter. Analysts' estimates typically exclude special items.

Sales increased to $2.39 billion from $2.27 billion last year. Analysts expected sales of $2.38 billion.

Looking ahead to the second quarter, the company has forecast earnings in the a range of $0.57 to $0.62 per share. Analysts currently expect second-quarter earnings of $0.61 per share.

For the fiscal 2015, the company now projects earnings in the range of $3.00 to $3.15 per share, compared to its previous guidance range of $3.00 to $3.20 per share. Analysts currently expect full-year earnings of $3.23 per share.