Stifel Sees Mixed Factors Ahead For Lowe's Companies
In a report published Wednesday, Stifel analyst David Schick reiterated a Hold rating on Lowe's Companies (NYSE: LOW).
In the report, Stifel noted, “LOW reported 2Q14 EPS of $1.04, above our $1.00 estimate and $1.02 consensus. Management maintained FY14 GAAP EPS guidance of $2.63 (or $2.60 on an adjusted basis). A lower than expected share count resulted in a positive $0.01 impact relative to our model. A higher than expected tax rate resulted in a negative ($0.04) impact relative to our model (netting to a combined negative ($0.03) impact relative to our model).”
Lowe's Companies closed on Tuesday at $51.52.
Latest Ratings for LOW
|Jun 2015||BMO Capital||Upgrades||Market Perform||Outperform|
© 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.