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Barchart
Barchart
Rashmi Kumari

What You Need to Know Ahead of Lowe's Earnings Release

Headquartered in Mooresville, North Carolina, Lowe's Companies, Inc. (LOW) is a leading home improvement retailer dedicated to helping customers improve and maintain their homes. With a market cap of $136.12 billion, Lowe's offers a wide range of products, including appliances, tools, hardware, paint, plumbing, flooring, and more. The company operates stores across the U.S. and Canada, providing customers with quality products, exceptional service, and innovative home improvement solutions. The company is set to announce its fiscal Q2 earnings results before the market opens on Tuesday, Aug. 20.

Ahead of the event, analysts expect LOW to report a profit of $3.98 per share, down 12.7% from $4.56 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports. 

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