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Lowe's beats on earnings and hikes guidance
Lowe’s earnings beats estimates and company raises guidance despite weakness in big-ticket items
Lowe’s Cos.’ stock was unable to hold early gains Tuesday, after the home-improvement retailer beat third-quarter estimates and raised its guidance, as softness in big-ticket items weighed against storm-related sales and positive same-store sales in Pro and online.
Lowe's beats on earnings and hikes guidance, but still expects sales to fall this year
Lowe’s topped quarterly earnings and revenue estimates, but even its raised sales outlook would be a decline from last year.
Lowe's expected to post eighth straight quarter of same-store sales decline
On Tuesday, Wall Street is expecting Lowe's to post a Q3 revenue of $19.93 billion, a 3% drop compared to last year. Adjusted earnings per share are projected to decrease 9.62% to $2.82. Same-store sales are estimated to have fallen 2.
Fiscal Q3 Earnings Snapshot
Lowe's comparable sales data in focus during Q3 earnings
Lowe's ( NYSE:LOW ) is set to announce third quarter results on Tuesday, and investors will keep an eye on the sales trend, amid concerns of a slow recovery in home improvement demand. Wall Street expects the North Carolina-based company to post EPS of $2.
Lowe's: Fiscal Q3 Earnings Snapshot
Lowe's expects full-year earnings in the range of $11.80 to $11.90 per share, with revenue in the range of $83 billion to $83.5 billion. This story was generated by Automated Insights ( http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LOW at https://www.zacks.com/ap/LOW
Earnings in Focus: How Lowe’s, Target, and Nvidia Navigated Q3 Challenges
This week, traders and investors might focus on three major companies—Lowe’s, Target, and Nvidia—as they navigated a landscape shaped by inflation, shifting consumer preferences, and surging demand for artificial intelligence (AI).
Hosted on MSN
4m
Lowe’s Stock In Focus After Q3 Earnings Beat, Upgraded EPS Guidance: Retail Applauds Results
Home improvement firm
Lowe's
Companies Inc ($LOWE) on Tuesday announced its third-quarter (
Q3
)
earnings
that exceeded ...
5h
Lowe's Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Analysts expect the Mooresville, North Carolina-based company to report quarterly earnings at $2.81 per share, down from ...
24m
on MSN
Lowe's Sales, Profit Top Estimates Despite Continued 'Big Ticket' Softness
Lowe's reported third-quarter results Tuesday morning above analysts' expectations despite "continued softness" in big-ticket ...
MarketWatch
23m
Lowe's stock falls as investors focus on soft big-ticket items, overlook earnings beat
Lowe’s
earnings
beat estimates and company raises guidance
Lowe’s
earnings
beat estimates and company raises guidance despite weakness in big-ticket items ...
1h
Lowe's tops earnings, revenue estimates
Lowe's Companies, Inc. reported third-quarter earnings that surpassed analyst expectations, but its stock slipped 1.8% ...
7d
Here’s what Wall Street is saying about Home Depot, Lowe’s ahead of earnings
Home improvement retailers Home Depot (HD) and Lowe’s (LOW) are scheduled to report results of their third quarters before the market ...
4d
Zacks Earnings Trends Highlights: Home Depot, Lowe's, Walmart and Target
Walmart has been a standout outperformer as it has a huge grocery business and is also enjoying gains from the digital ...
1h
on MSN
Lowe's raises annual same-store sales forecast on storm recovery spending boost
Home improvement retailer Lowe's Cos forecast a slower-than-expected drop in annual comparable sales on Tuesday as a pickup ...
The Tokenist
1h
Lowe’s Companies, Inc. Beats Expectations with Strong Q3 Performance
Lowe’s
Companies, Inc. reported its financial results for the third quarter of 2024, revealing a mixed performance. The ...
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