Limited Brands Beats; Guides Higher (LTD)

Limited Brands, Inc. LTD reports Q2 EPS of $0.36 versus estimates of $0.34. Limited Brands, Inc. reports revenues of $2.24 billion versus estimates of $2.20 billion. The company stated that it expects 2010 third quarter earnings per share to be $0.03 to $0.08 compared to adjusted earnings per share of $0.02 per share last year. The company now expects August comparable store sales to increase in the mid to high single digit range versus its previous guidance for a low single digit increase. For 2010, the company increased its adjusted earnings per share forecast to $1.68 to $1.83 from $1.60 to $1.80 previously. Shares of LTD are higher in the after-hours by 0.08%.