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.
