Lowe's Reports First Quarter Sales And Earnings Results
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Lowe's (LOW) PT Lowered to $89 at Jefferies Following 1Q Miss
May 25, 2017 10:02 AM EDTJefferies lowered its price target on Lowe's (NYSE: LOW) to $89.00 (from $94.00) while maintaining a Hold rating. 1Q EPS of $1.03 missed expectation for $1.06. Comparable store sales of +1.9% missed the Streets view for +3.1%, reflecting slower traffic and a soft March as marketing focused on indoor... More
Lowe's Cos. (LOW) Misses Q1 EPS by 3c; Updates FY17 EPS Below the Street
May 24, 2017 6:03 AM EDTLowe's Cos. (NYSE: LOW) reported Q1 EPS of $1.03, $0.03 worse than the analyst estimate of $1.06. Revenue for the quarter came in at $16.9 billion versus the consensus estimate of $16.96 billion.
"A solid macroeconomic backdrop, combined with our project expertise, drove above average performance in indoor projects. We also continued to advance our sales to Pro customers, delivering another... More
