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Aug 20, 2024 1:30 AM

Lowe's Earnings Are Imminent; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Lowe's Companies, Inc. (NYSE:LOW) is set to release earnings results for its second quarter, before the opening bell on Tuesday, Aug. 20.

Analysts expect the Mooresville, North Carolina-based company to report quarterly earnings at $3.97 per share, down from $4.56 per share in the year-ago period. Lowe's projects to report quarterly revenue of $23.91 billion for the quarter, according to data from Benzinga Pro.

On Aug. 14, Telsey Advisory Group analyst Joseph Feldman maintained Lowe’s Companies with a Market Perform rating and maintained a price target of $230.

Lowe's shares rose 0.9% to close at $243.21 on Monday.

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