Top Wall Street Forecasters Revamp Lowe's Expectations Ahead Of Q2 Earnings
Lowe'sLowe's(US:LOW) Benzinga·2025-08-20 06:33

Group 1 - Lowe's Companies, Inc. is set to release its second-quarter earnings results on August 20, with expected earnings of $4.24 per share, an increase from $4.10 per share in the same quarter last year [1] - The company is projected to report quarterly revenue of $23.96 billion, compared to $23.59 billion generated in the same quarter last year [1] Group 2 - In the first quarter of fiscal 2025, Lowe's reported mixed results, with shares gaining 2.2% to close at $256.36 [2] - Analysts have provided various ratings for Lowe's, with Citigroup maintaining a Neutral rating and lowering the price target from $253 to $242 [7] - Guggenheim reiterated a Buy rating with a price target of $300, while RBC Capital maintained a Sector Perform rating and cut the price target from $244 to $242 [7] - Baird maintained an Outperform rating and reduced the price target from $295 to $285, and DA Davidson maintained a Neutral rating, slashing the price target from $270 to $240 [7]