Lowe's Companies, Inc. (LOW) is a leading home improvement retailer based in Mooresville, North Carolina. Operating across the U.S. and Canada, it serves DIY customers and professionals with products like tools, appliances, and building materials, along with services such as installation and repair. It is valued at a market cap of $147.4 billion. LOW is ready to announce its fiscal fourth-quarter earnings for 2024 before the market opens on Wednesday, Feb. 26.
Ahead of the event, analysts expect LOW to report a profit of $1.81 per share on a diluted basis, up 2.3% from $1.77 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in all of its last four quarterly reports.