UPDATE: Lowe's Posts Upbeat Q3 Sales

Lowe's Companies LOW reported a rise in its third-quarter profit. Lowe's quarterly sales climbed 1.9% to $12.1 billion, beating analysts' estimates of $11.9 billion. Its sales at stores open at least year gained 1.8%. Lowe's quarterly net income increased to $396 million, or $0.35 per share, versus $225 million, or $0.18 per share, in the year-ago period. However, analysts were expecting earnings of $0.35 per share. Lowe's shares closed at $31.98 on Friday.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsConsumer DiscretionaryHome Improvement Retailprofit
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!