Lowe's (LOW) Says Cool Weather Lowered Q1 Same-Store Sales by 300 BPS, May Comps Up Double Digits so Far - Bloomberg, Citing Conf.
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Lowe's (LOW) PT Raised to $99 at Citi on 1Q Report; '1Q SSS Result Due to 3pt Headwind from Weather... Positivity Over Rest-of-Year Trends'
May 24, 2018 6:25 AM EDTCiti raised its price target on Lowe's (NYSE: LOW) to $99.00 (from $94.00) while maintaining a Neutral rating, following the company's first quarter earnings report.
Analyst Kate McShane notes an upbeat outlook on the shares, despite LOW reporting first quarter earnings per share, revenues and same... More
Lowe's Cos. (LOW) Misses Q1 EPS by 8c, Miss on Revenues; Offers FY18 EPS Mid-Point Outlook Below Consensus
May 23, 2018 6:04 AM EDTLowe's Cos. (NYSE: LOW) reported Q1 EPS of $1.19, $0.08 worse than the analyst estimate of $1.27. Revenue for the quarter came in at $17.4 billion versus the consensus estimate of $17.69 billion.
Fiscal Year 2018 (comparisons to fiscal year 2017; based on U.S. GAAP)
Total sales are expected to increase approximately 5 percent.Comparable sales are... More