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- Company news: Lowe's (LOW) quarterly results beat analysts’ forecasts
Ekonomické zprávy
27.02.2024
Company news: Lowe's (LOW) quarterly results beat analysts’ forecasts
Lowe's (LOW) reported Q4 FY2023 earnings of $1.77 per share (versus $2.28 per share in Q4 FY2022), beating analysts’ consensus estimate of $1.68 per share.
The company’s quarterly revenues amounted to $18.602 bln (-17.1% y/y), slightly beating analysts’ consensus estimate of $18.469 bln.
The company also issued guidance for FY2024, seeing EPS of $12.00-12.30 versus analysts’ consensus estimate of $12.68 and revenues of $84-85 bln versus analysts’ consensus estimate of $85.36 bln.
LOW fell to $228.50 (-1.22%) in pre-market trading.
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