• Lowe's Companies Inc LOW.N reported quarterly adjusted earnings of $1.98​​ per share for the quarter ended January 31, higher than the same quarter last year, when the company reported EPS of $1.93. The mean expectation of twenty nine analysts for the quarter was for earnings of $1.94 per share. Wall Street expected results to range from $1.88 to $2.11 per share.

• Revenue rose 10.9% to $20.58 billion from a year ago; analysts expected $20.34 billion.

• Lowe's Companies Inc's reported EPS for the quarter was $1.78​.

• The company reported quarterly net income of $999 million.

• Lowe's Companies Inc shares had risen by 15.5% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 0.1% in the last three months.​

• In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 24 "strong buy" or "buy," 11 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the home improvement products & services retailers peer group is also "buy"

• Wall Street's median 12-month price target for Lowe's Companies Inc is $285.00, about 2.2% above its last closing price of $278.59

This summary was machine generated from LSEG data February 25 at 02:30 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)