Lowe's Reports First Quarter Sales And Earnings Results
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Lowe's Cos. (LOW) Misses Q1 EPS by 8c, Miss on Revenues; Offers FY18 EPS Mid-Point Outlook Below Consensus
May 23, 2018 6:04 AM EDTLowe's Cos. (NYSE: LOW) reported Q1 EPS of $1.19, $0.08 worse than the analyst estimate of $1.27. Revenue for the quarter came in at $17.4 billion versus the consensus estimate of $17.69 billion.
Fiscal Year 2018 (comparisons to fiscal year 2017; based on U.S. GAAP)
Total sales are expected to increase approximately 5 percent.Comparable sales are... More