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  • Company news: Lowe's (LOW) quarterly results beat analysts’ estimates
Ekonomické zprávy
17.11.2021

Company news: Lowe's (LOW) quarterly results beat analysts’ estimates

Lowe's (LOW) reported Q3 FY 2022 earnings of $2.73 per share (versus $1.98 per share in Q3 FY 2021), beating analysts’ consensus estimate of $2.35 per share.

The company’s quarterly revenues amounted to $22.918 bln (+2.7% y/y), beating analysts’ consensus estimate of $22.063 bln.

Lowe's also issued upside guidance for FY 2022, projecting revenues of ~$95 bln versus analysts’ consensus estimate of $93.75 bln.

LOW rose to $249.00 (+1.72%) in pre-market trading.

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