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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