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LOW Lowes Companies News Story

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Consumer CyclicalsConservativeLarge CapSuper Stock

PREVIEW: Lowes seen reporting Q3 EPS, rev growth y/y

** Shares in Lowe's LOW.N down ~1.6% on Tuesday ahead of the home improvement retailer's Q3 report due before market open on Wednesday

** Wall Street estimates LOW's Q3 adj EPS of $2.97 vs $2.89 year-ago on rev of $20.82 bln vs $20.17 bln in year-ago quarter, according to LSEG

**  In last 8 quarters EPS beat every time while revenue beat 4 times

** Same-store sales seen rising 1% vs decline of 1.1% a year-ago and increase of 1.1% in Q2 this year

** Lowe's share price drop on Tuesday likely related to rival Home Depot's HD.N forecast earlier in the day of a bigger drop in full-year profit than previously forecast and its quarterly earnings miss vs Street estimates with tariff-driven economic uncertainty dampening demand for big-ticket and DIY projects

** LOW last traded at $221.40 vs median PT of $280 , according to LSEG, which shows 36 analyst ratings: 8 'strong buy,' 15 'buy,' 12 'hold' and 1 'sell'

** YTD shares of LOW down 10.3% while S&P 500 consumer discretionary index .SPLRCD is virtually unchanged YTD

(Reporting by Sinead Carew)

((sinead.carew@thomsonreuters.com))

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