Lowe's beats on earnings and hikes guidance

Lowe's Q3 Earnings Beat, Comps Decline, FY24 Outlook Revised
Lowe’s Companies, Inc. LOW came up with third-quarter fiscal 2024 results, wherein the top and bottom lines beat the Zack Consensus Estimate. However, the Mooresville, NC-based company faced year-over-year declines in both metrics and extended its streak of soft comparable sales performance.
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 Stock Falls After Earnings. Home-Improvement Demand Still Looks Weak.
Lowe’s shares were falling Tuesday as the company’s quarterly earnings report failed to reassure investors that the home-improvement market is headed back to normal after years of weak demand. Lowe’s raised its total sales outlook for 2024 to between $83 billion and $83.
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.
Benzinga.com10h
Lowe's Q3: Earnings: Revenue And EPS Beat But Comp Sales Fall Amid Softness In Bigger-Ticket DIY Discretionary Demand
Lowe's Q3 EPS of $2.89 beats estimates ... The company reported third-quarter adjusted earnings per share of $2.89 beating the street view of $2.82. Quarterly sales of $20.170 billion outpaced ...
Business Insider11h
Lowe's Q3 Results Down, Yet Beat Market; Lifts FY24 Earnings, Sales View, Cuts Margin Forecast
(RTTNews) - Home improvement major Lowe's Companies, Inc. (LOW), while reporting ... while previously it was expected to be down 3.5 to 4.0 percent. Q3 Results In its third quarter, net earnings ...
Lowe's tops earnings, revenue estimates
Lowe's Companies, Inc. reported third-quarter earnings that surpassed analyst expectations, but its stock slipped 1.8% ...
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 ...
Benzinga.com28d
Lowe's Companies (NYSE:LOW) Stock Quotes, Forecast and News Summary
List of stocks that may be impacted. Benzinga Research Team Home Depot Q3 Earnings Preview: Hurricane Impact, Home Repairs Top Themes To Watch Home Depot looks to turn the corner on revenue in the ...
Lowe's raises annual same-store sales forecast as storm recovery boosts demand
Home improvement retailer Lowe's Cos forecast a slower-than-expected drop in annual comparable sales on Tuesday, banking on a ...
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 ...
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 ...