Mooresville, North Carolina-based Lowe's Companies, Inc. (LOW) operates as a home improvement retailer. With a market cap of $152.5 billion, the company offers tools, appliances, building supplies, carpet, bathroom, and lighting products. The leading home improvement retailer is expected to announce its fiscal third-quarter earnings for 2024 before the market opens on Tuesday, Nov. 19.
Ahead of the event, analysts expect LOW to report a profit of $2.80 per share on a diluted basis, down 8.5% from $3.06 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports.