Lowe's Reports Second Quarter 2020 Sales And Earnings Results

Go back to Lowe's Reports Second Quarter 2020 Sales And Earnings Results

Lowe's (LOW) PT Raised to $200 at BofA Securities

August 20, 2020 7:17 AM EDT

BofA Securities analyst Elizabeth Suzuki raised the price target on Lowe's (NYSE: LOW) to $200.00 (from $176.00) while maintaining a Buy rating.

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Lowe's (LOW) PT Raised to $188 at RBC Capital Following Results

August 19, 2020 12:58 PM EDT

RBC Capital analyst Scot Ciccarelli raised the price target on Lowe's (NYSE: LOW) to $188.00 (from $165.00) while maintaining an Outperform rating following results.

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Lowe's Cos. (LOW) Tops Q2 EPS by 80c, Revenues Beat; U.S. Comp. Sales Up 35.1%, Online Sales Up 135%

August 19, 2020 6:02 AM EDT

Lowe's Cos. (NYSE: LOW) reported Q2 EPS of $3.75, $0.80 better than the analyst estimate of $2.95. Revenue for the quarter came in at $27.3 billion versus the consensus estimate of $24.27 billion.

U.S. Comparable Sales Increased 35.1%

Diluted EPS Increased 75% to $3.74; Adjusted Diluted EPS Increased 74% to $3.75(1)

Lowes.com Sales Increased 135%

Company Invests $460 Million in Second Quarter to Support Associates and Communities in Response to... More