LOW - Lowe's Registers a Bigger Fall Than the Market: Important Facts to Note | Benzinga
The latest trading session saw Lowe's (NYSE: LOW) ending at $239.37, denoting a -1.51% adjustment from its last day's close. This move lagged the S&P 500's daily loss of 0.78%. Meanwhile, the Dow lost 1.29%, and the Nasdaq, a tech-heavy index, lost 0.7%.
Prior to today's trading, shares of the home improvement retailer had gained 6.7% over the past month. This has outpaced the Retail-Wholesale sector's gain of 1.58% and the S&P 500's gain of 2.14% in that time.
Analysts and investors alike will be keeping a close eye on the performance of Lowe's in its upcoming earnings disclosure. The company's earnings report is set to go public on August 20, 2024. The company is expected to report EPS of $3.98, down 12.72% from the prior-year quarter. Meanwhile, the latest consensus estimate predicts the revenue to be $24.02 billion, indicating a ...