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Lowe's Q2 Earnings: Analysts Highlight Margin Strength Despite Revenue Miss and Sales Pressure
LOWLowe's(LOW) Benzinga·2024-08-20 17:37

Lowe’s Companies, Inc. LOW released earnings results for its second quarter Tuesday before the opening bell.The company reported adjusted earnings per share of $4.10, beating the analyst consensus of $3.99. Quarterly revenues totaled $23.586 billion, missing the street view of $24.013 billion.Analysts covering the Louisville, Kentucky-based company provided their takes:JP Morgan analyst Christopher Horvers reiterated an Overweight rating.Goldman Sachs analyst Kate McShane reiterated the Buy rating on Lowe’s ...