Lowe's Companies Inc LOW shares are trading lower by 5.3% at $183.24 Tuesday morning in sympathy with Home Depot after the company reported second-quarter earnings results and reported second-quarter customer transactions down 5.8% year-over-year.
Home Depot reported quarterly earnings of $4.53 per share which beat the analyst consensus estimate of $4.43. Home Depot also reported quarterly sales of $41.10 billion which beat the analyst consensus estimate of $40.73 billion.
Lowe's reports second-quarter earnings Wednesday before the market open.
Lowe's has a 52-week high of $215.22 and a 52-week low of $146.72.
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