Lowe's (LOW) Surpasses Q1 Earnings and Revenue Estimates

Lowe's (LOW) came out with quarterly earnings of $3.06 per share, beating the Zacks Consensus Estimate of$ 2.94 per share. This compares to earnings of $3.67 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 4.08%. A quarter ago, it was expected that this home improvement retailer would post earnings of$ 1.68 per share when it actually produced earnings of $1.77, delivering a surprise of 5.36%.Over the last four quarters, the co ...