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Benzinga
Benzinga
Business
Akanksha Bakshi

Lowe's Raises Outlook, Expands Pro Reach With $8.8 Billion Acquisition

LOW Lowe Pro ADG Home Depot
Lowe's

Lowe’s Companies, Inc. (NYSE:LOW) reported second-quarter net earnings of $2.4 billion, or diluted Earnings Per Share (EPS) of $4.27, compared to $4.17 in the year-ago quarter.

Adjusted diluted EPS rose 5.6% to $4.33 from $4.10, topping analyst estimates of $4.24.

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