
Lowe’s Companies, Inc. (NYSE:LOW) shares are trading higher Tuesday in what appears to be a sympathy move with Home Depot, Inc. (NYSE:HD), which reported second quarter earnings today before the market opened.
What Happened With HD: The company reported adjusted earnings per share of $4.68, missing the consensus estimate of $4.71. In addition, it reported sales of $45.27 billion, missing the consensus estimate of $45.35 billion.