Lowe's Cos. (LOW) Tops Q4 EPS by 1c, Revenues Miss, Comp. Sales Up 2.4%; Offers FY19 EPS Mid-Point Guidance Above Consensus

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Go back to Lowe's Cos. (LOW) Tops Q4 EPS by 1c, Revenues Miss, Comp. Sales Up 2.4%; Offers FY19 EPS Mid-Point Guidance Above Consensus

Lowe's Reports Fourth Quarter Sales And Earnings Results

February 27, 2019 6:01 AM EST

MOORESVILLE, N.C., Feb. 27, 2019 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today reported a net loss of $824 million and diluted loss per share of ($1.03) for the quarter ended Feb. 1, 2019, which included pre-tax charges of $1.6 billion, compared to net earnings of $554 million and diluted earnings per share of $0.67 in the fourth quarter of 2017.  Excluding certain charges which are described below, adjusted diluted earnings per share1 increased 8.1 percent to $0.80 in the fourth quarter of 2018 compared to adjusted diluted earnings per share1 of $0.74 in the fourth quarter of 2017.

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