Lowe's Companies Earnings Preview
Portfolio Pulse from Benzinga Insights
Lowe's Companies (NYSE:LOW) is set to release its latest quarterly earnings report on Tuesday, 2023-08-22. Analysts estimate an earnings per share (EPS) of $4.49. Last quarter, the company beat EPS by $0.23, which was followed by a 1.46% drop in the share price. Shares of Lowe's Companies were trading at $219.35 as of August 18, with a 52-week increase of 5.66%.
August 21, 2023 | 2:01 pm
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Lowe's Companies is expected to report an EPS of $4.49 in its upcoming earnings report. The company's stock price experienced a drop after beating EPS estimates last quarter.
The upcoming earnings report is a significant event for Lowe's Companies. However, the impact on the stock price is uncertain as the company's stock price dropped after beating EPS estimates last quarter. This suggests that other factors, such as guidance, may have a more significant impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100