Lowe's Reports First Quarter 2020 Sales And Earnings Results
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Lowe's (LOW) PT Raised to $130 at KeyBanc
May 20, 2020 4:05 PM EDTKeyBanc analyst Bradley Thomas raised the price target on Lowe's (NYSE: LOW) to $130.00 (from $125.00) while maintaining a Overweight rating.
The analyst comments "1Q comps and EPS were above expectations, benefiting from strong sales growth, gross margin, and expense leverage. As we have... More
Lowe's (LOW) PT Raised to $140 at Loop Capital Following Results
May 20, 2020 10:34 AM EDTLoop Capital analyst Laura Champine raised the price target on Lowe's (NYSE: LOW) to $140.00 (from $105.00) while maintaining a Buy rating following results.
'Serious Sales Momentum Pushes or PT Higher'... MoreLowe's (LOW) Reports Strong 1Q, Double Digit Comp Growth and 10% EBIT Margin Also Positive - Guggenheim
May 20, 2020 9:33 AM EDTGuggenheim analyst Steven Forbes reiterated a Buy rating and a target price of $135.00 on Lowe's (NYSE: LOW), citing 1Q earnings, which proved solid and above expectations, nearly 8% higher than projections, as well as e-commerce growth, which grew nearly 80% YoY, and a 10.20% EBIT margin.
The... More
Lowe's Cos. (LOW) Tops Q1 EPS by 46c, Revenues Beat, U.S. Comp. Sales Up 12.3%
May 20, 2020 6:04 AM EDTLowe's Cos. (NYSE: LOW) reported Q1 EPS of $1.77, $0.46 better than the analyst estimate of $1.31. Revenue for the quarter came in at $19.7 billion versus the consensus estimate of $18.08 billion.
U.S. Comparable Sales Increased 12.3%Diluted EPS Increased 35% to $1.76; Adjusted Diluted EPS Increased 45% to $1.771Company Invests $340 Million in First Quarter to Support Associates and Communities in Response to COVID-19"In late February, we shifted our priorities in response to... More
