Lowe's Cos. (LOW) Tops Q4 EPS by 3c; Offers FY20 EPS Guidance Below Consensus
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Lowe's Reports Fourth Quarter Sales And Earnings Results
February 26, 2020 6:00 AM ESTMOORESVILLE, N.C., Feb. 26, 2020 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today reported net earnings of $509 million and diluted earnings per share of $0.66 for the quarter ended Jan. 31, 2020, which included pre-tax operating costs and charges of $185 million further described below, compared to a net loss of $824 million and diluted loss per share of ($1.03) in the fourth quarter of 2018. Excluding the impact of these charges, adjusted diluted earnings per share1 increased 17.5 percent to $0.94 from adjusted diluted earnings per share1 of $0.80 in the fourth quarter of 2018.... More
