Recap: Lowe's Companies Q3 Earnings

Lowe's Companies LOW reported its Q3 earnings results on Tuesday, November 21, 2023 at 06:00 AM.

Here's what investors need to know about the announcement.

Earnings

Lowe's Companies beat estimated earnings by 0.99%, reporting an EPS of $3.06 versus an estimate of $3.03.

Revenue was down $3.01 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 0.64% increase in the share price the next day.

Here's a look at Lowe's Companies's past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate 4.49 3.44 2.21 3.10
EPS Actual 4.56 3.67 2.28 3.27
Revenue Estimate 24.99B 21.60B 22.69B 23.13B
Revenue Actual 24.96B 22.35B 22.45B 23.48B

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.

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