Preview: Lowe's Companies's Earnings

Lowe's Companies LOW announces its next round of earnings this Wednesday, August 19. Here is Benzinga's look at Lowe's Companies's Q2 earnings report.

Earnings and Revenue

Based on Lowe's Companies management projections, analysts predict EPS of $2.7 on revenue of $23.42 billion. Lowe's Companies EPS in the same period a year ago totaled $2.15. Revenue was $20.99 billion. If the company were to post earnings in line with the consensus estimate when it reports Wednesday, EPS would be up 25.58%. Sales would be up 11.57% from the same quarter last year. Here's how the company's reported EPS has compared to analyst estimates in the past:

Stock Performance

Over the last 52-week period, shares are up 46.52%. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Don't be surprised to see the stock move on comments made during its conference call. Lowe's Companies is scheduled to hold the call at 09:00:00 ET and can be accessed here: https://78449.choruscall.com/dataconf/productusers/low/mediaframe/40233/indexr.html