Lowe's Reports Third Quarter Sales and Earnings Results

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Go back to Lowe's Reports Third Quarter Sales and Earnings Results

UBS Cuts Price Target on Lowe's Cos. (LOW) Following 3Q Report

November 17, 2016 9:30 AM EST

UBS maintained a Buy rating on Lowe's Cos. (NYSE: LOW), and cut the price target to $77.00 (from $80.00), following the company's 3Q earnings report.

Analyst Michael Lasser commented, "While its sales trends were softer than the industry, LOW exited the period with some... More

Jefferies Cuts Price Target on Lowe's Cos. (LOW) to $69 Following 3Q

November 17, 2016 8:42 AM EST

Jefferies maintained a Hold rating on Lowe's Cos. (NYSE: LOW), and cut the price target to $69.00 (from $81.00), following the company's 3Q earnings report. EPS of $0.88 missed expectation of $0.96. FY17 adjusted EPS guidance was reduced to $3.92 from $4.01.

Analyst Daniel Binder commented, "Comp sales... More

BTIG Affirms Lowe's (LOW) at 'Buy' Amid Light Q3 Results, Weaker Outlook

November 16, 2016 8:26 AM EST

BTIG affirms Lowe's Cos. (NYSE: LOW) at Buy with a price target of $80 following Q3 results and lowered outlook issued earlier Wednesday.

Thefirm commented today: 3Q16: Operating EPS of $0.88 below our in-line estimate of $0.96. Comps of 2.7% were slightly better than our 2.5% estimate.... More

Lowe's Cos. (LOW) Misses Q3 EPS by 8c; Trims FY17 Outlook

November 16, 2016 6:10 AM EST

Lowe's Cos. (NYSE: LOW) reported Q3 EPS of $0.88, $0.08 worse than the analyst estimate of $0.96. Revenue for the quarter came in at $15.7 billion versus the consensus estimate of $15.86 billion.

Comparable sales increased 2.7 percent. The Street was looking for a 3.2 percent increase.

Fiscal... More