According to Deutsche Bank, Lowe's Companies LOW has beaten the consensus, but not HD.
Deutsche Bank reported that the LOW stock should react OK. “We'd characterize the results as mixed. 4Q was a nice beat, but not as good as Home Depot's. Full year guidance is in line, but 1Q is low. A key question will be why 1Q11 comps and margins are expected to decelerate. If, on the call, the answer is weather, then LOW should get a pass on that.”
Lowe's Companies closed yesterday at $25.99.
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