L Brands (NYSE: LB) likely will see higher profitability after management pointed to momentum at Victoria Secret and Bath & Body Works in revising Q1 guidance, Morgan Stanley said in a note Monday. Morgan Stanley revised its Q1 EPS guidance after the company raised its own Q1 EPS projections on improved sales trends in both the segments. The company now expects Q1 EPS to be between $0.85 and $1 from previous guidance of between $0.55 and $0.65.