Lowe's Reports Third Quarter 2020 Sales And Earnings Results
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Lowe's Cos. (LOW) Misses Q3 EPS by 1c, Revenues Beat; Offers 4Q EPS Mid-Point Guidance Below Consensus
November 18, 2020 6:03 AM ESTLowe's Cos. (NYSE: LOW) reported Q3 EPS of $1.98, $0.01 worse than the analyst estimate of $1.99. Revenue for the quarter came in at $22.3 billion versus the consensus estimate of $21.25 billion.
U.S. Comparable Sales Increased 30.4%Diluted EPS of $0.91 which Includes $1.05 Negative Impact from Extinguishment of DebtAdjusted Diluted EPS of $1.98(1)Lowes.com Sales Increased 106%Company Invested over $1.1 Billion Year-to-Date to Support Associates, Store Safety and Communities in Response to... More