Lowe's Companies Earnings Preview
Portfolio Pulse from Benzinga Insights
Lowe's Companies (NYSE:LOW) is scheduled to report its quarterly earnings on 2024-02-27, with analysts estimating an EPS of $1.68. Historical data shows mixed reactions to past earnings, with a slight increase in share price following last quarter's beat. Shares have risen 12.76% over the last year, indicating positive sentiment among long-term shareholders.
February 26, 2024 | 2:01 pm
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POSITIVE IMPACT
Lowe's Companies is expected to report an EPS of $1.68 for the quarter. Historical performance and a 12.76% annual increase in share price suggest positive investor sentiment.
Given the expected EPS of $1.68 and Lowe's history of beating estimates, there's a positive outlook for the upcoming earnings report. The historical data showing a slight increase in share price following earnings beats, combined with a 12.76% annual increase in share price, supports a likely positive short-term impact on LOW's stock price.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100