21.05.2024 12:09:03 - dpa-AFX: Lowe's Cos. Announces Drop In Q1 Income

NORTH WILKESBORO (dpa-AFX) - Lowe's Cos. (LOW) released a profit for first
quarter that decreased from the same period last year

The company's bottom line came in at $1.76 billion, or $3.06 per share. This
compares with $2.26 billion, or $3.77 per share, in last year's first quarter.

The company's revenue for the quarter fell 4.4% to $21.36 billion from $22.35
billion last year.

Lowe's Cos. earnings at a glance (GAAP) :

-Earnings (Q1): $1.76 Bln. vs. $2.26 Bln. last year.
-EPS (Q1): $3.06 vs. $3.77 last year.
-Revenue (Q1): $21.36 Bln vs. $22.35 Bln last year.

-Guidance:
Full year EPS guidance: $12.00 to $12.30
Full year revenue guidance: $84 to $85 Bln


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
Lowe's Companies 859545 NYSE 226,280 17.06.24 20:02:07 +2,930 +1,31% 226,240 226,320 222,360 223,350

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