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:
Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
---|---|---|---|---|
EPS Estimate | 2.21 | 3.10 | 4.62 | 3.23 |
EPS Actual | 2.28 | 3.27 | 4.67 | 3.51 |
Revenue Estimate | 22.69B | 23.13B | 28.14B | 23.76B |
Revenue Actual | 22.45B | 23.48B | 27.48B | 23.66B |
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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