LOW - How To Earn $500 A Month From Lowe's Stock Ahead Of Q1 Earnings Report | Benzinga
Lowe’s Companies, Inc. (NYSE:LOW) is expected to release earnings results for its first quarter, before the opening bell on Tuesday.
Analysts expect the Mooresville, North Carolina-based company to report quarterly earnings at $2.93 per share, down from $3.67 per share in the year-ago period. Lowe’s is projected to post quarterly revenue of $21.10 billion, compared to $21.6 billion a year earlier, according to data from Benzinga Pro.
Before the release of quarterly earnings, Evercore ISI Group analyst Greg Melich maintained Lowe’s Companies with an In-Line rating while raising the price target from $245 to $250 on May 14.
With the recent buzz around Lowe’s, some investors may be eyeing potential gains from the company's dividends. As of now, Lowe’s has a dividend yield of 1.90%, which is ...