Lowe's Cos. (LOW) Tops Q1 EPS by 27c, Offers Guidance

Lowe's Cos. (NYSE: LOW) reported Q1 EPS of $3.51, $0.27 better than the analyst estimate of $3.24. Revenue for the quarter came in at $23.7 billion versus the consensus estimate of $23.8 billion.

• Consolidated Comparable Sales Decreased 4.0%; U.S. Comparable Sales Decreased 3.8%

GUIDANCE:

Lowe's Cos. sees FY2022 EPS of $13.10-$13.60, versus the consensus of $13.38. Lowe's Cos. sees FY2022 revenue of $97-99 billion, versus the consensus of $98.1 billion.

For earnings history and earnings-related data on Lowe's Cos. (LOW) click here.

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