Categories AlphaGraphs, Earnings, Retail
LOW Earnings: Key quarterly highlights from Lowe’s Q3 2024 financial results
Lowe’s Companies, Inc. (NYSE: LOW) reported its third quarter 2024 earnings results today.
Total sales were $20.2 billion, compared to $20.5 billion in the prior-year quarter. Comparable sales decreased 1.1%.
Net earnings were $1.69 billion, or $2.99 per share, compared to $1.77 billion, or $3.06 per share, last year. Adjusted EPS was $2.89.
Revenue and earnings beat expectations.
Lowe’s updated its guidance for the full year of 2024. The company now expects total sales of $83.0-83.5 billion. Comparable sales are now expected to be down 3.0-3.5% from last year. Adjusted EPS is expected to be approx. $11.80-11.90.
The stock fell 2% in premarket hours on Tuesday.
Prior performance
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
USB Earnings: US Bancorp Q1 profit jumps on higher interest income
U.S. Bancorp (NYSE: USB) Wednesday reported a double-digit growth in first-quarter earnings, reflecting an increase in net interest income. Total net revenue increased 3.6% from last year to $7.0 billion
Abbott Laboratories (ABT) Q1 2025 Earnings: Key financials and quarterly highlights
Abbott Laboratories (NYSE: ABT) reported its first quarter 2025 earnings results today. Total sales increased 4% year-over-year to $10.35 billion. Organic sales growth was 6.9%. Net earnings grew 8.2% to
UAL Earnings: Highlights of United Airlines’ Q1 2025 financial results
Aviation giant United Airlines Holdings, Inc. (NYSE: UAL) on Tuesday announced financial results for the first quarter of 2025. Net income, on an adjusted basis, was $0.91 per share in
