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Lowe’s earnings beat by $0.25, revenue fell short of estimates

Published 2023-11-21, 06:05 a/m
LOW
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Investing.com - Lowe’s (NYSE: LOW) reported third quarter EPS of $3.27, $0.25 better than the analyst estimate of $3.02. Revenue for the quarter came in at $20.47B versus the consensus estimate of $20.88B.

Guidance

Lowe’s sees FY 2024 EPS of $13.00 versus the analyst consensus of $13.32.

Lowe’s sees FY 2024 revenue of $86.00B versus the analyst consensus of $87.55B.

Lowe’s's stock price closed at $204.44. It is down -8.31% in the last 3 months and down -4.68% in the last 12 months.

Lowe’s saw 5 positive EPS revisions and 21 negative EPS revisions in the last 90 days. See Lowe’s's stock price’s past reactions to earnings here.

According to InvestingPro, Lowe’s's Financial Health score is "good performance".

Check out Lowe’s's recent earnings performance, and Lowe’s's financials here.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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