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- Company news: Lowe's (LOW) posts mixed quarterly results
Tin tức thị trường
20.08.2024
Company news: Lowe's (LOW) posts mixed quarterly results
Lowe's (LOW) reported Q2 FY2024 earnings of $4.10 per share (versus $4.56 per share in Q2 FY2023), beating analysts’ consensus estimate of $3.96 per share.
The company’s quarterly revenues amounted to $23.586 bln (-5.5% y/y), missing analysts’ consensus estimate of $23.926 bln.
The company also lowered its FY2024 EPS guidance to $11.70-11.90 from its prior guidance of $12.00-12.30 versus analysts’ consensus estimate of $12.09 and lowered its FY2024 revenue guidance to $82.7-83.2 bln from its prior guidance of $84-85 bln versus analysts’ consensus estimate of $84.2 bln.
LOW fell to $242.10 (-0.46%) in pre-market trading.
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