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Lowe's Companies (LOW) Earnings Date, Estimates & Call Transcripts

Lowe's Companies logo
$263.03 +3.77 (+1.45%)
(As of 11/20/2024 ET)

Lowe's Companies Latest Earnings Summary

Latest Q2
Earnings Date
Aug. 20Confirmed
Actual EPS
(Aug. 20)
$4.10 Beat By $0.14
Consensus EPS
(Aug. 20)
$3.96

Lowe's Companies released Q2 2024 earnings on August 20, 2024, reporting an EPS of $4.10, which topped analysts' consensus estimates of $3.96 by $0.14. Quarterly revenue fell 5.5% year-over-year to $23.59 billion, below analyst estimates of $23.93 billion. With a trailing EPS of $12.06 and a P/E Ratio of 21.81, Lowe's Companies' earnings are expected to grow 5.87% next year, from $11.93 to $12.63 per share.

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LOW Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

LOW Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Lowe's Companies Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20249$3.41$3.68$3.51 
Q2 20249$4.46$5.40$4.75 
Q3 20249$3.00$3.53$3.18 
Q4 20249$1.66$2.51$2.01 
FY 202436$12.53$15.12$13.45 
Q1 20255$2.90$3.80$3.10 
Q2 20255$3.89$5.29$4.24 
Q3 20254$2.80$3.75$3.05 
Q4 20254$1.80$2.37$1.95 
FY 202518$11.39$15.21$12.34 
Q1 20263$3.13$3.31$3.21 
Q2 20263$4.30$4.40$4.34 
Q3 20263$3.11$3.18$3.14 
Q4 20263$2.03$2.10$2.07 
FY 202612$12.57$12.99$12.76 
Q1 20271$3.43$3.43$3.43 
Q2 20271$4.59$4.59$4.59 

Lowe's Companies Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueLinks
8/20/2024Q2 2024$3.96$4.10+$0.14$4.03$23.93B$23.59B        
5/21/2024Q1 2024$2.94$3.06+$0.12$3.06$21.14B$21.36B        
2/27/2024Q1 2024$1.68$1.77+$0.09$1.77$18.47B$18.60B        
11/21/2023Q4 2023$3.03$3.06+$0.03$3.06$20.87B$20.74B        
8/22/2023Q3 2023$4.49$4.56+$0.07$4.56$24.97B$24.96B        
5/23/2023Q1 2024$3.48$3.67+$0.19$3.57$21.68B$22.35B        
3/1/2023Q4 2022$2.21$2.28+$0.07$2.98$22.71B$22.40B        

Lowe's Companies Earnings - Frequently Asked Questions

Lowe's Companies (NYSE:LOW) last announced its quarterly earning data on Tuesday, August 20, 2024. Learn more on LOW's earnings history.

Lowe's Companies issued an update on its FY25 earnings guidance on Tuesday, November, 19th. The company provided earnings per share (EPS) guidance of $11.80-11.90 for the period, compared to the consensus earnings per share estimate of $11.82. The company issued revenue guidance of $83.0-83.5 billion, compared to the consensus revenue estimate of $83.01 billion.

In the previous quarter, Lowe's Companies (NYSE:LOW) reported $4.10 earnings per share (EPS) to beat the analysts' consensus estimate of $3.96 by $0.14. Learn more on analysts' earnings estimate vs. LOW's actual earnings.

The conference call for Lowe's Companies's latest earnings report can be listened to online.
Listen to Conference Call

The conference call transcript for Lowe's Companies's latest earnings report can be read online.
Read Transcript

Lowe's Companies (NYSE:LOW) has a recorded annual revenue of $86.38 billion.

Lowe's Companies (NYSE:LOW) has a recorded net income of $7.73 billion. LOW has generated $12.06 earnings per share over the last four quarters.

Lowe's Companies (NYSE:LOW) has a trailing price-to-earnings ratio of 21.81 and a forward price-to-earnings ratio of 22.05. The price/earnings-to-growth ratio is 2.21.

Lowe's Companies's earnings are expected to grow from $11.93 per share to $12.63 per share in the next year, which is a 5.87% increase.

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This page (NYSE:LOW) was last updated on 11/21/2024 by MarketBeat.com Staff
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