Lowe's Companies Inc reports results for the quarter ended July 31 - Earnings Summary
Lowe's Companies Inc reports results for the quarter ended July 31 - Earnings Summary
Lowe's Companies Inc LOW.N reported quarterly adjusted earnings of $4.40 per share for the quarter ended July 31, higher than the same quarter last year, when the company reported EPS of $4.33. The mean expectation of thirty analysts for the quarter was for earnings of $4.22 per share. Wall Street expected results to range from $4.07 to $4.29 per share.
Revenue rose 8.3% to $25.96 billion from a year ago; analysts expected $26.16 billion.
Lowe's Companies Inc's reported EPS for the quarter was $4.27.
The company reported quarterly net income of $2.4 billion.
Lowe's Companies Inc shares had fallen by 2.2% this quarter and lost 10.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 2.1% in the last three months.
In the last 30 days, twelve analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 25 "strong buy" or "buy," 11 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the home improvement products & services retailers peer group is also "buy"
Wall Street's median 12-month price target for Lowe's Companies Inc is $264.50, about 18.5% above its last closing price of $215.64
This summary was machine generated from LSEG data August 19 at 01:30 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jul. 31 2026 | 4.22 | 4.40 | Beat |
Apr. 30 2026 | 2.97 | 3.03 | Beat |
Jan. 31 2026 | 1.94 | 1.98 | Beat |
Oct. 31 2025 | 2.97 | 3.06 | Beat |
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