Earnings live: Circle stock soars, First Solar and Lowe's fall on guidance misses
Lowe's (LOW) reported fourth quarter results that beat Wall Street's expectations across the board including revenue, earnings and same-store sales growth. Adjusted earnings came in $1.98, four cents higher then the Street predicted for the fourth quarter, per Bloomberg consensus data. Whereas, revenue grew 10% to $20.58 billion, slightly above the expectations of $20.35 billion. Same-store sales grew 1.3%, more than the roughly 0.5% increase Wall Street estimated for, boosted higher by growth in its Pro ...