Lowe's Companies, Inc. (LOW) Misses Q1 EPS by 3c; Guides FY11 EPS Below, Issues Q2 EPS Outlook

May 16, 2011 6:29 AM EDT Send to a Friend
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Lowe’s Companies, Inc. (NYSE: LOW) reported Q1 EPS of $0.34, $0.03 worse than the analyst estimate of $0.37. Revenue for the quarter came in at $12.19 billion versus the consensus estimate of $12.56 billion.

Sees FY2011 EPS of $0.65-$0.69, versus the consensus of $0.68.

Sees FY2011 EPS of $1.56-$1.64, versus the consensus of $1.70.

Sees 4 percent revs growth for both Q2 and FY11.


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