GRWG - What to look for in Lowe's Q3 2022 Earnings?

Lowe's (NYSE:LOW) is scheduled to announce Q3 earnings results on Wednesday, November 17th, before market open. The consensus EPS Estimate is $2.34 (+18.2% Y/Y) and the consensus Revenue Estimate is $21.94B (-1.7% Y/Y). Over the last 2 years, LOW has beaten EPS estimates 88% of the time and has beaten revenue estimates 75% of the time. Over the last 3 months, EPS estimates have seen 20 upward revisions and 7 downward. Revenue estimates have seen 17 upward revisions and 5 downward. Last quarter, the stock beat expectations with comparable sales decreased 1.6% vs. consensus of -1.9%. Last month, Home Depot, Lowe's downgraded at Loop Capital on supply chain challenges. Contributor comments on the stock: 'Supply Shortages Risks Don't Stop Me From Buying Lowe's Stock' Related reads: 'Retail picks for Q3 earnings have Evercore bullish on sales, fretting on margins' A look at company's peer recent earnings: 'Home Depot smashes comparable sales expectations as average

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What to look for in Lowe's Q3 2022 Earnings?