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Lowe's Companies (NYSE:LOW) unveils its next round of earnings this Wednesday, May 22. Get prepared with Benzinga's ultimate preview for Lowe's earnings.
Earnings and Revenue
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Analysts predict Lowe's will report earnings of $1.34 per share on revenue of $17.70 billion.
If the company were to match the consensus estimate when it reports Wednesday, EPS would be up 12.61 percent. Revenue would be up 1.96 percent on a year-over-year basis. Here's how the company's EPS has stacked up against analyst estimates in the past:
| Quarter | Q4 2018 | Q3 2018 | Q2 2018 | Q1 2018 | Q4 2017 |
| EPS Estimate | 0.79 | 0.98 | 2.02 | 1.25 | 0.32 |
| EPS Actual | 0.8 | 1.04 | 2.07 | 1.19 | 0.74 |
Stock Performance
Shares of Lowe's were trading at $109.2 as of May 20. Over the last 52-week period, shares are up 26.48 percent. Given that these returns are generally positive, long-term shareholders are probably happy going into this earnings release.
Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. The most common rating by analysts on Lowe's stock is a Neutral. The strength of this rating has maintained conviction over the past three months.
Conference Call
Lowe's is scheduled to hold a conference call at 9:00 a.m. ET and can be accessed here: https://lowes.gcs-web.com/events/event-details/q1-2019-lowes-companies-inc-earnings-conference-call
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New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.