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What to Look for When L Brands (LB) Reports Q2 Earnings

NEW YORK (TheStreet) -- L Brands (LB) is expected to report a year-over-year decline in earnings but increase in revenue for the 2016 second quarter after the market close on Wednesday.

Analysts surveyed by Thomson Reuters are looking for adjusted earnings of 59 cents per share on revenue of $2.86 billion.

The company last week said it expects to report adjusted second-quarter earnings at the high end of its previous guidance range between 50 cents and 60 cents a share.

For the year-ago period, L Brands...