Limited Brands Earnings Preview: Can This Streak Continue?

Limited Brands (NYSE:LTD) will report earnings after markets close on Wednesday, May 22nd. Limited Brands, Inc. owns and operates specialty stores throughout the United States. The Company, through its retail stores, offer a wide range of products, including women’s apparel, women’s lingerie, beauty products and accessories, personal care, and home fragrance products. The Company’s stores also offer products via the Internet.

Here is your Cheat Sheet to Limited Brands Earnings:

Earnings Expectations: Analysts expect earnings of $0.46 per share on revenues of $2.26 billion. Currently, the company’s P/E ratio stands at 20.02.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.56 to a profit $0.53. For the current year, the average estimate is a profit of $3.15, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Limited Brands has been performing on an annual basis:

Fiscal Year 2009 2010 2011 2012 2013
Revenue ($) in millions 9,043 8,632 9,613 10,360 10,460
Diluted EPS ($) 0.65 1.37 2.42 2.70 2.54

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jan. 31, 2012 Apr. 30, 2012 Jul. 31, 2012 Oct. 31, 2012 Jan. 31, 2013
Revenue ($) in millions 3,515 2,154 2,399 2,050 3,856
Diluted EPS ($) 1.177 0.41 0.49 0.25 1.384

Past Performance:
Limited Brands has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]