2023-05-22 13:55:34 ET
- Lowe's ( NYSE: LOW ) is scheduled to announce Q1 earnings results on Tuesday, May 23rd, before market open.
- The consensus EPS estimate is $3.45 and the consensus revenue estimate is $21.68 billion.
- Over the last 1 year, LOW has beaten EPS estimates 100% of the time and has beaten revenue estimates 75% of the time.
- Over the last 3 months, EPS estimates have seen 3 upward revisions and 18 downward. Revenue estimates have seen 0 upward revisions and 18 downward.
- The company on March 1 reported Q4 Non-GAAP EPS of $2.28, beating estimates by $0.07. Revenue of $22.4 billion was up 5% from last year but missed expectations by at least $310 million.
- LOW has a Quant rating of "Hold", with a 3.27 rating score.
- LOW has an industry ranking of 3 out of 9 among home improvement retail stocks, as per SA's Quant ranking, one spot ahead of Home Depot.
- Wall Street analysts and Seeking Alpha authors rate the LOW stock "Buy".
- Recent Analysis: Bullish On Lowe's Stock Ahead Of Q1 Earnings by Josh Arnold, leader of the " Timely Trader " Investing Group on Seeking Alpha.
- Lowe's: Ignore Short-Term Noise And Focus On The Long Term by Tangerine Capital.
- Lowe's Ties To DIY Market May Benefit It In The Current Cycle by Geoffrey Seiler.
- Lowe's Is A Top Quality Investment For The Buy List In A Market Dip by Cameron Smith.
- Recent News: Applied Materials, Lowe's added to Jefferies franchise picks list .
- Lowe's, Tractor Supply and AutoZone top Wells Fargo's spring stocks list .
- LOW stock fell 20.6% in 2022, while the benchmark S&P 500 index slipped nearly 20% for the year.
- Stock is up 4.7% so far this year as of Friday's close.
For further details see:
Lowe's Q1 2023 earnings on deck, what to expect