Recap: Lowe's Companies Q1 Earnings

Lowe's Companies LOW reported its Q1 earnings results on Tuesday, May 23, 2023 at 06:00 AM.

Here's what investors need to know about the announcement.

Earnings

Lowe's Companies beat estimated earnings by 6.69%, reporting an EPS of $3.67 versus an estimate of $3.44.

Revenue was down $1.31 billion from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.07 which was followed by a 0.41% increase in the share price the next day.

Here's a look at Lowe's Companies's past performance:

To track all earnings releases for Lowe's Companies visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.