Lowe's Earnings: Expectations and Market Performance
Update: 2025-11-18
Description
Lowes, a major home improvement retailer, is set to release its latest earnings this Wednesday. Last quarter, the company reported a slight increase in revenue, meeting expectations, but gross margins were the real standout. Analysts predict a positive turnaround for this quarter, with revenue growth of around 3.5% and adjusted earnings of $2.96 per share. However, Lowes has a history of missing revenue predictions, adding anticipation to this announcement. In the home improvement sector, some companies like Floor And Decor and Arhaus have already reported third-quarter results, with mixed outcomes. The broader market has seen underperformance, with home furnishing and improvement retail stocks down nearly 9% over the last month. Lowes, despite a 7.2% drop, has an average analyst price target significantly higher than its current share price.
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