L Brands Raises Q3 Guidance, Shares Pop Higher

Shares of L Brands Inc LB are trending higher Monday following the company’s announcement of raised third quarter EPS estimates.

For the third quarter, the company now expects EPS between $0.38 and $0.40, versus its previous guidance of $0.26 to $0.31 and last year's result of $0.31.

L Brands is scheduled to report third quarter earnings on November 19.

Shares of L Brands were up roughly 2.8 percent at $74.50 in the after-hours session.