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LOW Lowes Companies News Story

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Consumer CyclicalsConservativeLarge CapSuper Stock

Lowe's up after third-quarter profit beat

** Shares of home improvement retailer Lowe's  up about 5% at $230.89 premarket after third-quarter profit beats estimates

** Reports Q3 adjusted EPS of $3.06 vs. estimates of $2.97 - data compiled by LSEG

** Co raises annual sales target to $86 billion vs prior range of $84.5 billion to $85.5 billion, mainly due to a recent acquisition

** However, co expects annual adjusted EPS of $12.25 compared with its prior target of $12.20 to $12.45

** LOW fell 2.4% in the previous session, following rival Home Depot's HD.N dour results

** Up to last close, LOW down ~11% YTD

 (Reporting by Sanskriti Shekhar in Bengaluru)

 ((Sanskriti.Shekhar@thomsonreuters.com))

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