Lowe's Cos. (LOW) Tops Q3 EPS by 42c, Guides Higher

Lowe's Cos. (NYSE: LOW) reported Q3 EPS of $2.73, $0.42 better than the analyst estimate of $2.31. Revenue for the quarter came in at $22.9 billion versus the consensus estimate of $21.72 billion. Comparable sales for the U.S. home improvement business increased 2.6% for the third quarter.

GUIDANCE:

Lowe's Cos. sees FY2021 revenue of $95 billion, versus the consensus of $93.7 billion.

For earnings history and earnings-related data on Lowe's Cos. (LOW) click here.

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