Lowes Cos. (LOW) Tops Q1 EPS by 1c; Guides FY12 EPS Below Views

May 21, 2012 6:22 AM EDT
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Lowes Cos. (NYSE: LOW) reported Q1 EPS of $0.43, $0.01 better than the analyst estimate of $0.42. Revenue for the quarter came in at $13.2 billion versus the consensus estimate of $12.99 billion.

Comparable store sales for the quarter increased 2.6 percent.

Lowes Cos. sees FY2012 EPS of $1.73-$1.83, versus the consensus of $1.87. Sees sales up 3 percent on a comparable basis and comps up 1 - 3 percent

For earnings history and earnings-related data on Lowes Cos. (LOW) click here.

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