Lowe's Reports First Quarter Sales and Earnings Results
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Jefferies Lowered Price Target on Lowe's Cos. (LOW) Following Q1
May 21, 2015 9:32 AM EDTJefferies maintains a Hold rating on Lowe's (NYSE: LOW), and lowered the price target to $68.00 (from $74.00), following Q1 results. LOW reported EPS of $0.70, missing consensus estimates of $0.74. Analyst Daniel Binder says that most retailers would be envious of Lowe's comp, but compared to the... More
Lowe's Cos. (LOW) Misses Q1 EPS by 4c; Comps Rose 5.3%
May 20, 2015 6:02 AM EDTLowe's Cos. (NYSE: LOW) reported Q1 EPS of $0.70, $0.04 worse than the analyst estimate of $0.74. Revenue for the quarter came in at $14.1 billion versus the consensus estimate of $14.27 billion.
Comparable sales for the U.S. home improvement business increased 5.3 percent.
Fiscal Year... More
