Lowe's Companies LOW unveils its next round of earnings this Monday, August 15, 2011. Get prepared with Benzinga's ultimate preview for Lowe's Companies' second quarter earnings.
Earnings and Revenue:
Ahead of the company's earnings announcement, analysts are expecting a positive EPS reading of 67 cents/share and revenues of $14.78 billion. Investors will be keen to see how this quarter's numbers compare to the year-ago quarter's positive EPS of 58 cents/share on revenues of $14.36 billion.
Here's how the company's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q1 | Q4 | Q3 | Q2 |
EPS Estimate | $0.36 | $0.18 | $0.30 | $0.59 |
EPS Actual | $0.34 | $0.21 | $0.31 | $0.58 |
Stock Performance:
At last check, shares of Lowe's Companies were trading at $19.17. Since January 1st, shares of Lowe's Companies have declined 22.4%. For a full 12 months, the return has risen by 5.4%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.
- Long-term shareholders are already enjoying 12-month gains prior to the announcement
Average Stock Rating:
The average rating by analysts for Lowe's Companies is a Moderate Buy. The strength of this rating has crept upwards over the past three months.
Competitors:
Looking for a sympathy stock to trade or interested in the performance of other companies in the same sector? Take a look at some of Lowe's Companies' peers.
- Builders FirstSource BLDR: Hold with a -$0.08 recent quarter EPS
- Home Depot HD: Moderate Buy with a $0.50 recent quarter EPS
- Lumber Liquidators LL: Hold with a $0.19 recent quarter EPS
- HudBay Minerals (HBM): Strong Buy with a $0.15 recent quarter EPS
Lowe's Companies is in the building products-retail/wholesale industry, which has experienced price/earnings growth of 0.8%.
Finally, a description of the company's main areas of operation: Lowe's Companies Inc. is a home improvement retailer offering products to homeowners, renters and commercial business customers.
Take Action:
There is your peek into Lowe's Companies' upcoming earnings numbers, including some competitors to watch around the time of the announcement. Check back in with us after the announcement for a full recap of the announcement. In the meantime, here are some links to explore today.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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