Limited Brands Q3 Profit Rises; Lifts FY13 EPS Outlook - Quick Facts

(RTTNews) - Limited Brands, Inc. (LTD) reported net income for the third quarter of $91.98 million or $0.31 per share, compared to $73.36 million or $0.25 per share in the year-ago quarter.

Net sales for the latest third quarter rose 6% to $2.17 billion from $2.05 billion in the comparable quarter last year.

On average, analysts polled by Thomson Reuters expected the company to earn $0.28 per share on revenue of $2.17 billion for the third quarter. Analysts' estimates typically exclude special items.

The company reported a comparable store sales increase of 3 percent for the 13 weeks ended Nov. 2, 2013, compared to the 13 weeks ended Nov. 3, 2012.

Looking ahead to the fourth quarter, the company expects earnings per share to be in the range of $1.67 to $1.82. Analysts currently expect the company to earn $1.83 per share for the fourth quarter.

For fiscal 2013, the company expects earnings per share of $3.07 and $3.22, up from its previous range of $3.06 to $3.21 per share. Analysts currently expect the company to earn $3.19 per share for the full year 2013.