Exploring Analyst Estimates for Lowe's (LOW) Q1 Earnings, Beyond Revenue and EPS

Core Insights - Lowe's is expected to report quarterly earnings of $2.89 per share, a decline of 5.6% year-over-year, with revenues forecasted at $20.95 billion, reflecting a 2% decrease compared to the previous year [1] Earnings Estimates - The consensus EPS estimate has been revised down by 0.2% in the last 30 days, indicating a reassessment by analysts [2] - Revisions to earnings projections are crucial for predicting investor behavior and are linked to short-term stock price performance [3] Key Metrics - Analysts estimate a total of 1,750 stores for Lowe's, slightly up from 1,746 in the same quarter last year [5] - The estimated total sales floor square footage is projected to be 195.19 million, compared to 195 million reported in the same quarter of the previous year [5] - The average store size selling square feet is expected to remain at 112 thousand, unchanged from the previous year [6] Stock Performance - Lowe's shares have returned +6.1% over the past month, while the Zacks S&P 500 composite has seen a +9.8% change, indicating that Lowe's is expected to perform in line with the overall market [6]