Lowe's Reports Fourth Quarter Sales And Earnings Results
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Lowe's (LOW) PT Raised to $138 at RBC Capital
February 26, 2020 1:47 PM ESTRBC Capital analyst Scot Ciccarelli raised the price target on Lowe's (NYSE: LOW) to $138.00 (from $134.00) while maintaining an Outperform rating.
Soft comp but solid margin improvementguide positions LOW for beat/raise story in 2020... MoreSunTrust Reiterates Buy Rating on Lowe's (LOW) Following 4Q
February 26, 2020 8:09 AM ESTSunTrust analyst Keith Hughes reiterated a Buy rating and $135.00 price target on Lowe's (NYSE: LOW) following the company's 4Q earnings report. LOW reported adjusted 4Q19 EPS of $0.94 versus the Street consensus of $0.91 with sales of $16.03 billion representing 2.6% growth (Street $16.15 billion).
Management provided 2020 SSS... More
Lowe's Cos. (LOW) Tops Q4 EPS by 3c; Offers FY20 EPS Guidance Below Consensus
February 26, 2020 6:03 AM ESTLowe's Cos. (NYSE: LOW) reported Q4 EPS of $0.94, $0.03 better than the analyst estimate of $0.91. Revenue for the quarter came in at $16.03 billion versus the consensus estimate of $16.17 billion.
"In the fourth quarter, we delivered profitability that exceeded our expectations given strong expense management, improving gross margin and enhanced process execution. Our sales growth was driven almost entirely by our U.S. brick and mortar stores, supported by our investments in technology, store environment... More
