Lowe's Reports Fourth Quarter Sales And Earnings Results
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Lowe's (LOW) PT Raised to $80 at Jefferies Following 4Q
March 2, 2017 7:34 AM ESTJefferies raised its price target on Lowe's (NYSE: LOW) to $80.00 (from $78.00) while maintaining a Hold rating. 4Q EPS of $0.86 beat expectations for $0.79. Comp store sales of +5.1% beat the Streets view for +3.6%.
Analyst Daniel Binder commented, "Q4 sales and EPS beat against a... More
Lowe's Cos. (LOW) Tops Q4 EPS by 7c; Issues Solid Outlook
March 1, 2017 6:06 AM ESTLowe's Cos. (NYSE: LOW) reported Q4 EPS of $0.86, $0.07 better than the analyst estimate of $0.79. Revenue for the quarter came in at $15.78 billion versus the consensus estimate of $15.39 billion.
Comparable sales for the U.S. business increased 5.1 percent for the fourth quarter and 4.1 percent for the fiscal year.
GUIDANCE:
Lowe's Cos. sees FY2017 EPS of $4.64, versus the consensus of $4.53.Total... More