Lowe's Reports Second Quarter Sales And Earnings Results

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Go back to Lowe's Reports Second Quarter Sales And Earnings Results

Raymond James Reiterates Outperform Rating on Lowe's (LOW)

August 22, 2019 8:15 AM EDT

Raymond James analyst Budd Bugatch reiterated an Outperform rating and $115.00 price target on Lowe's (NYSE: LOW) following the company's 2Q earnings report. Lowes delivered an encouraging second quarter with positive comparable sales and sequentially improved profitability metrics.

On its call,... More

Lowe's Cos. (LOW) Surges 12% Following 'Beat'

August 21, 2019 7:27 AM EDT

Lowe's Cos. (NYSE: LOW) gains 12.5% pre-open following Q2 beat

... More

Lowe's Cos. (LOW) Tops Q2 EPS by 15c, Revenues Beat, Comp. Sales Up 2.3%; Offers FY19 EPS Guidance

August 21, 2019 6:04 AM EDT

Lowe's Cos. (NYSE: LOW) reported Q2 EPS of $2.15, $0.15 better than the analyst estimate of $2.00. Revenue for the quarter came in at $20.99 billion versus the consensus estimate of $20.94 billion.

Excluding $14 million of pre-tax operating losses associated with the wind-down of the Company's Mexico retail operationsAdjusted diluted earnings per share1 increased 3.9 percent to $2.15 from adjusted diluted earnings per share1 of $2.07 in the second quarter of 2018.Sales for the second quarter increased 0.5 percent to $21.0 billion from $20.9 billion in the second quarter of... More