Lowe's comes up shy with an earnings forecast that reflects economic uncertainty

Lowe’s Cos. Inc. LOW, -0.53% came up shy with its full-year outlook Tuesday, but its stock was moving fractionally higher in premarket action. The company racked up fiscal fourth-quarter net earnings of $1.0 billion, or$1.77 a share, compared with $957 million, or$1.58 a share, in the year-before period. Lowe’s saw adjusted earnings per share of $2.28, while analysts surveyed by FactSet were modeling$1.68. Revenue fell to $18.6 billion from$22.4 billion. Lowe’s noted that the year-earlier quarter’s fig ...