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What Analysts Think of Lowe's Stock Ahead of Earnings
LOWLowe's(LOW) Investopedia·2024-11-17 10:45

Key TakeawaysLowe's Companies is set to report third-quarter results before the bell Tuesday, with analysts expecting sales to decline year over year. Lowe's and rival Home Depot have reported falling sales in recent quarters as discretionary spending has declined.Analysts said sales in the professional contractor market will be a key point to watch as do-it-yourself sales remain pressured by inflation. Lowe's Cos. (LOW) is set to report third-quarter results Tuesday morning, with analysts expecting lower r ...