Lowe's Holds Zacks Rank #3 as Earnings Estimates Edge Lower

Earnings
โดย Zacks Investment Research·Read original
Summary · why it matters

Lowe's Companies carries a Zacks Rank #3, or Hold, as analysts have trimmed near-term earnings estimates. The consensus estimate for the current quarter stands at $4.26 per share, down 0.7% over the past 30 days, while the current fiscal year estimate of $12.48 has slipped 0.1% and the next fiscal year estimate of $13.47 has declined 0.2%. The home improvement retailer is expected to report quarterly revenue of $26.25 billion, a 9.5% year-over-year increase, and it beat consensus EPS estimates in each of the last four quarters. Zacks grades Lowe's a C for value, indicating it is trading in line with peers.

Impact on stocks 1

Consumer Discretionary · 1 stocks
Lowe's Companies Inc
LOW
▼ NegativeCapitalrelevance

Analysts have trimmed near-term earnings estimates, with consensus EPS declining for current quarter, fiscal year, and next fiscal year.