Lowe's Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Lowe's Companies, Inc. LOW will release its fourth-quarter financial results before the opening bell on Wednesday, Feb. 26.

Analysts expect the Mooresville, North Carolina-based company to report quarterly earnings at $1.84 per share, up from $1.77 per share in the year-ago period. Lowe's projects quarterly revenue of $18.29 billion, compared to $18.6 billion a year earlier, according to data from Benzinga Pro.

On Dec. 11, 2024, Lowe's highlighted its near-term and long-term financial targets at its 2024 Analyst and Investor Conference. The company introduced a standardized framework to harness generative AI, aimed at improving customer experiences and boosting productivity.

Lowe's shares gained 2.2% to close at $242.39 on Tuesday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

Telsey Advisory Group analyst Joseph Feldman maintained an Outperform rating with a price target of $305 on Feb. 20, 2025. This analyst has an accuracy rate of 69%.
Truist Securities analyst Scott Ciccarelli maintained a Buy rating and raised the price target from $307 to $308 on Feb. 11, 2025. This analyst has an accuracy rate of 71%.
RBC Capital analyst Steven Shamesh maintained a Sector Perform rating and increased the price target from $291 to $292 on Dec. 12, 2024. This analyst has an accuracy rate of 63%.
Evercore ISI Group analyst Greg Melich maintained an In-Line rating and raised the price target from $270 to $290 on Dec. 12, 2024. This analyst has an accuracy rate of 81%.
Wedbush analyst Seth Basham reiterated a Neutral rating with a price target of $250 on Dec. 12, 2024. This analyst has an accuracy rate of 73%.

Considering buying LOW stock? Here’s what analysts think: