LOW Stock Recent News
LOW LATEST HEADLINES
We have some grist for the trading mill ahead of the opening bell, but it's not likely to cause any meaningful tremors from this vantage point.
At face value, Lowe's Companies NYSE: LOW had a rough Q4 compared to competitor Home Depot, but the details within the report belie that assessment. Comps were weak, but the company is building leverage, generating cash, and returning capital to investors meaningfully.
Home improvement retailer Lowe's Companies Inc (NYSE:LOW) reported a fourth-quarter earnings and revenue beat earlier, as well as a disappointing 2024 sales outlook.
U.S. stocks opened little changed Tuesday, as traders took a breather before important economic data later in the week, including a closely watched inflation gauge.
Lowe's beat lower expectations for its fourth quarter, and said it expects sales to fall again in its current fiscal year.
Lowe's Cos. Inc. LOW, -0.53% came up shy with its full-year outlook Tuesday, but its stock was moving fractionally higher in premarket action.
Lowe's (LOW) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Lowe's (NYSE: LOW), a home-improvement retailer, is scheduled to report its fiscal fourth-quarter results on Tuesday, February 27. We expect the company's stock to trade lower post-fourth-quarter results - as its revenue and earnings are expected to miss the consensus estimates.
In addition, the company offers: Mud logging, Directional drilling Measurement-while-drilling, and logging-while-drilling services Engineering support services Supplies drilling fluid systems; Designs, manufactures, and markets roller cone and fixed cutter drill bits; bottom-hole-assembly and borehole enlargement technologies Well cementing products and services Well planning and drilling Engineering, supervision, logistics, procurement Contracting of third parties, as well as drilling rig management solutions; and drilling equipment and services, as well as land drilling rigs and related services.
Lowe's (LOW) fourth-quarter results are likely to reflect challenges in the DIY segment, characterized by softness in categories such as appliances, and broader market dynamics.