What Analysts Think of Lowe's Stock Ahead of Earnings
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Lowe's Cos. (LOW) is expected to report lower third-quarter revenue compared to last year, despite potential sales boosts from recent hurricanes.
November 17, 2024 | 11:00 am
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NEGATIVE IMPACT
Lowe's is anticipated to report lower Q3 revenue compared to last year, despite potential sales increases from recent hurricanes.
Analysts expect Lowe's to report lower revenue for Q3 compared to last year, which could negatively impact the stock price. The potential sales boost from hurricanes may not be enough to offset the overall revenue decline.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100