Lowe's sales top estimates amid strengthening U.S. housing market
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Lowe's Cos. (LOW) Tops Q3 EPS by 2c; Comps Rose 5%
November 18, 2015 6:12 AM ESTLowe's Cos. (NYSE: LOW) reported Q3 EPS of $0.80, $0.02 better than the analyst estimate of $0.78. Revenue for the quarter came in at $14.4 billion versus the consensus estimate of $14.31 billion.
Comparable sales for the U.S. home improvement business increased 5.0 percent for the third quarter and 4.9 percent for the nine month period.
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