Lowe’s Companies (NYSE:LOW) issued an update on its FY20 earnings guidance on Wednesday morning. The company provided EPS guidance of $6.00-6.10 for the period, compared to the Thomson Reuters consensus EPS estimate of $6.04. Lowe’s Companies also updated its FY 2019 guidance to $6.00-6.10 EPS.
LOW opened at $106.46 on Wednesday. The company has a debt-to-equity ratio of 2.68, a quick ratio of 0.18 and a current ratio of 1.00. Lowe’s Companies has a fifty-two week low of $81.16 and a fifty-two week high of $117.70. The firm has a market cap of $85.33 billion, a P/E ratio of 24.25, a PEG ratio of 1.25 and a beta of 1.27.
Lowe’s Companies (NYSE:LOW) last released its earnings results on Wednesday, February 27th. The home improvement retailer reported $0.80 earnings per share for the quarter, beating analysts’ consensus estimates of $0.79 by $0.01. Lowe’s Companies had a net margin of 5.19% and a return on equity of 72.47%. The company had revenue of $15.65 billion for the quarter, compared to analysts’ expectations of $15.75 billion. During the same quarter in the previous year, the company earned $0.74 EPS. Lowe’s Companies’s revenue for the quarter was up 1.0% on a year-over-year basis. As a group, equities analysts expect that Lowe’s Companies will post 5.11 earnings per share for the current year.
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About Lowe’s Companies
Lowe's Companies, Inc, together with its subsidiaries, operates as a home improvement retailer in the United States, Canada, and Mexico. It offers a line of products for maintenance, repair, remodeling, and decorating. The company provides home improvement products in various categories, such as lumber and building materials, tools and hardware, appliances, fashion fixtures, rough plumbing and electrical, seasonal and outdoor living, lawn and garden, paint, millwork, flooring, and kitchens, as well as outdoor power equipment.
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