Lowe's Stock Soars on Strong Q3 Results
Update: 2025-11-19
Description
Lowes stock soared on Wednesday, outperforming the S&P five hundred, following a third-quarter profit surge that surpassed analyst predictions. The home improvement retailer reported adjusted earnings of $3.06 per share, up from $2.89 last year, and revenue of approximately $20.81 billion, largely in line with estimates. The company attributed this growth to increased online sales, professional contractor purchases, and double-digit growth in its home services division. Lowes also raised its full-year revenue forecast to $86 billion, but cautioned that adjusted earnings per share might fall short due to economic uncertainties.
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