With fiscal year 2019 sales of $72.1 billion, Lowe's and its related businesses operate or service more than 2,200 home improvement and hardware stores and employ approximately 300,000 associates. Forward-looking statements involve, among other things, expectations, projections, and assumptions about future financial and operating results, objectives, business outlook, priorities, sales growth, shareholder value, capital expenditures, cash flows, the housing market, the home improvement industry, demand for products and services, share repurchases, Lowe's strategic initiatives, including those relating to acquisitions and dispositions and the impact of such transactions on our strategic and operational plans and financial results. Lowes Companies, Inc. price-consensus-eps-surprise-chart | Lowes Companies, Inc. Quote. Fourth Quarter 2020 Financial Outlook (comparisons to fourth quarter 2019). Investors and others should carefully consider the foregoing factors and other uncertainties, risks and potential events including, but not limited to, those described in "Item 1A - Risk Factors" in our most recent Annual Report on Form 10-K and as may be updated from time to time in Item 1A in our quarterly reports on Form 10-Q or other subsequent filings with the SEC. Copyright 2021 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. My name is Michelle and I will … Skip to main content Who We Are Who We Are. With increased stay-at-home directives amid the coronavirus pandemic, home renovation and refurbishing projects are being widely undertaken. Lowe's has had to juggle the costs of long-term business improvements with higher labor costs. MOORESVILLE, N.C., May 20, 2020 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today reported net earnings of $1.3 billion and diluted earnings per share (EPS) of $1.76 for the quarter ended May 1, 2020, compared to a net earnings of $1.0 billion and diluted EPS of $1.31 in the first quarter of 2019. As a reflection of its commitment to supporting its associates and communities, Lowe's has invested more than $1.1 billion in COVID-related support for its associates, store safety and community pandemic relief through the first nine months of fiscal 2020. MOORESVILLE, N.C., Nov. 11, 2020 — In conjunction with the Lowe’s Companies, Inc. (NYSE: LOW) third quarter 2020 earnings press release, you are invited to listen to its conference call via live webcast on Wednesday, November 18, 2020 … Lowes Companies, Inc. price-consensus-eps-surprise-chart, the complete list of today’s Zacks #1 Rank stocks here, Cyclical Sectors Gain Momentum in Early 2021: 7 Top Picks, AWS 2/23: Nasdaq Still Down as Rotation Continues; HD Beats, PFP 2/23: Stocks End Mixed as Stimulus Talks Heat Up, 4 ETFs to Invest in Robotics & Artificial Intelligence, Top Stock Picks for the Week of February 22nd. During fiscal 2019, the Company recognized financial impacts from the following discrete item, not contemplated in the Company's Business Outlook for the third quarter of fiscal 2019: During the third quarter of fiscal 2019, the Company began a strategic review of its Canadian operations, and as a result, recognized pre-tax charges of $53 million associated with long-lived asset impairment (Canada restructuring). Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. The Zacks Consensus Estimate for revenues is pegged at $20,709 million, which indicates an increase of 19.1% from the year-ago quarter.The Zacks Consensus Estimate for quarterly earnings went up by 5 cents in the past 30 days and is currently pegged at $1.94 per share. Good morning everyone and welcome to the Lowe's Companies' First Quarter 2020 Earnings Conference Call. Under the two-class method, earnings per share is calculated using net earnings allocable to common shares, which is derived by reducing net earnings by the earnings allocable to participating securities. 2 The Company expects to complete the reset of over 90% of its U.S. stores by the end of the fiscal year. Each of the company logos represented herein are trademarks of Verizon Media; Microsoft Corporation; Nasdaq, Inc.; Dow Jones & Company; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms and Conditions of Service. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.93% per year. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating indiv idual securities. MOORESVILLE, N.C., Feb. 17, 2021 /PRNewswire/ -- In conjunction with the Lowe's Companies, Inc. (NYSE: LOW) fourth quarter 2020 earnings press release, you are invited to listen to its conference call via live webcast on Wednesday, February 24, 2021 at 9:00 a.m. Eastern Time.Supplemental materials will be available fifteen minutes prior to the start of the … Statements including words such as "believe", "expect", "anticipate", "plan", "desire", "project", "estimate", "intend", "will", "should", "could", "would", "may", "strategy", "potential", "opportunity", "outlook", "guidance", and similar expressions are forward-looking statements. View original content to download multimedia:http://www.prnewswire.com/news-releases/lowes-reports-third-quarter-2020-sales-and-earnings-results-301175569.html, Net increase in cash and cash equivalents, including cash, Less: Net decrease in cash classified within current, http://www.prnewswire.com/news-releases/lowes-reports-third-quarter-2020-sales-and-earnings-results-301175569.html, UPDATE 1-South Africa says J&J, Pfizer, Moderna vaccines considered for "immediate use", Estee Lauder to Pay $1 Billion for Most of Deciem Skin Care, Bitcoin tumbles below $50K as caution sweeps over crypto, Top Wall St strategist boosts his 2021 S&P 500 target for a second time, Stock market news live updates: Stocks fall, Nasdaq drops 2% as tech shares extend rout. For the third quarter in a row, hourly associates at 100% of stores earned their "Winning Together" profit-sharing bonus, which totaled $104 million. A wide variety of potential risks, uncertainties, and other factors could materially affect our ability to achieve the results either expressed or implied by these forward-looking statements including, but not limited to, changes in general economic conditions, such as the rate of unemployment, interest rate and currency fluctuations, fuel and other energy costs, slower growth in personal income, changes in consumer spending, changes in the rate of housing turnover, the availability of consumer credit and of mortgage financing, changes in commodity prices, changes or threatened changes in tariffs, outbreak of public health crises, such as the COVID-19 pandemic, availability and cost of goods from suppliers, changes in our management and key personnel, and other factors that can negatively affect our customers. Zacks Rank #1 Strong Buys have more than doubled the market for 3 decades...and these are the 7 most promising stocks from that list. November 12, 2020, HD Quick QuoteHD FAST Quick QuoteFAST LOW Quick QuoteLOW BECN Quick QuoteBECN. This measure excludes the impact of certain discrete items, as further described below, not contemplated in Lowe's Original Business Outlook to assist analysts and investors in understanding operational performance for the third quarter of fiscal 2020 and fiscal 2019. To provide additional transparency, the Company has presented the non-GAAP financial measure of adjusted diluted earnings per share for comparing its operating performance for the three months ended October 30, 2020, with the respective period ended November 1, 2019. ET At quarter-end, the Company had $8.2 billion of cash and cash equivalents as well as $3.0 billion in undrawn capacity on its revolving credit facilities, which will be available for any unanticipated liquidity needs. Lowe's Companies, Inc. LOW is likely to register top and bottom-line growth when it reports third-quarter fiscal 2020 numbers on Nov 18, before the opening bell. Comparable sales for the U.S. home improvement business increased 30.4 percent for the third quarter. LOW Quick Quote LOW - Free Report) is likely to register top and bottom-line growth when it reports third-quarter fiscal 2020 numbers on Nov 18, before the opening bell. Lowe's Companies, Inc. (NYSE: LOW) today reported net earnings of $692 million and diluted earnings per share (EPS) of $0.91 for the quarter ended October 30, … Adjustments to reconcile net earnings to net cash provided by operating activities: Changes in operating assets and liabilities: Net cash provided by operating activities, Proceeds from sale/maturity of investments, Proceeds from sale of property and other long-term assets, Proceeds from issuance of common stock under share-based payment plans, Net increase in cash and cash equivalents, including cash classified within current assets held for sale, Less: Net decrease in cash classified within current assets held for sale, Net increase in cash and cash equivalents, Cash and cash equivalents, beginning of period, Lowe's Companies, Inc.Non-GAAP Financial Measures Reconciliation (Unaudited). My name is Rob and I’ll be your operator for today’s call. For further information on the Company's safety protocols in response to COVID-19, please visit corporate.lowes.com/covid-19-response. While the business environment remains uncertain, the Company is providing the following outlook for the operating results of the fourth quarter of 2020. SEATTLE--(BUSINESS WIRE)--Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its third quarter ended September 30, 2020.Operating cash flow increased 56% to $55.3 billion for the trailing twelve months, compared with $35.3 billion for the trailing twelve months ended September 30, 2019.; Free cash flow increased to $29.5 billion for the trailing … ET Zacks Ranks stocks can, and often do, change throughout the month. He says Lowe’s made two decisions that impacted earnings per share by about 35 cents during the third quarter. Adjusted diluted earnings per share, adjusted operating income, and adjusted operating margin should not be considered an alternative to, or more meaningful indicator of, the Company's diluted earnings per share, operating income, or operating margin as prepared in accordance with GAAP. Quarterly Earnings. My name is Rob and I’ll be your operator for today’s call. Such statements involve risks and uncertainties and we can give no assurance that they will prove to be correct. The conference call will be available by webcast and can be accessed by visiting Lowe's website at ir.lowes.com and clicking on Lowe's Third Quarter 2020 Earnings Conference Call Webcast. Diluted earnings per share and adjusted diluted earnings per share1 of $1.10 - $1.20. Good morning everyone and welcome to Lowe’s Companies third quarter 2020 earnings conference call. Good morning everyone and welcome to Lowe’s Companies third quarter 2020 earnings conference call. On May 20, 2020, the Company withdrew its financial guidance for fiscal year 2020 due to limited visibility into future business trends in this unprecedented operating environment. Such prudent measures are likely to have boosted the company’s online sales during the quarter under review.The aforementioned factors raise optimism regarding third-quarter results. Property of Vertiv. Zacks has a proven record of recommending stocks with significant upside potential. For fiscal 2020, the Company has recognized financial impacts from the following discrete items, not contemplated in the Company's Original Business Outlook for the third quarter of fiscal 2020: Beginning in the third quarter of fiscal 2019, the Company began a strategic review of its Canadian operations, and in the fourth quarter of fiscal 2019, the Company announced additional actions to improve future performance and profitability of its Canadian operations. Visit www.zacksdata.com to get our data and content for your mobile app or website. Lowe’s Companies, Inc. LOW has reported robust third-quarter fiscal 2020 results, wherein both earnings and sales have outpaced the Zacks Consensus Estimate and … Also, higher demand from DIY (do-it-yourself) and pro customers across channels is likely to have remained an upside. Sales for the third quarter were $22.3 billion compared to $17.4 billion in the third quarter of 2019, and comparable sales increased 30.1 percent. Good morning, everyone, and welcome to Lowe's Companies second-quarter 2020 earnings conference call. NASDAQ data is at least 15 minutes delayed. Lowe’s Companies, Inc. (LOW Quick Quote LOW - Free Report) has reported robust third-quarter fiscal 2020 results, wherein both earnings and sales … If you wish to go to ZacksTrade, click OK. See the report's 7 new picks today, absolutely FREE. November 18, 2020 For 6:00 am ET Release LOWE’S REPORTS THIRD QUARTER 2020 SALES AND EARNINGS RESULTS — U.S. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The company earned $22.31 billion during the quarter, compared to the consensus estimate of $21.08 billion. Cautionary Statement Regarding Forward-Looking Statements 2 This presentation, and other statements that Vertiv Holdings Co. (“Company”) may make, may contain forward-looking statements within the meaning of the Private Securities … -- U.S. Consolidated Statements of Comprehensive Income (Unaudited), Foreign currency translation adjustments – net of tax, Accrued compensation and employee benefits, Long-term debt, excluding current maturities, Deferred revenue – extended protection plans, Preferred stock, $5 par value: Authorized – 5.0 million shares; Issued and outstanding – none, Common stock, $0.50 par value: Authorized – 5.6 billion shares; Issued and outstanding – 752 million, 768 million, and 763 million shares, respectively, Total liabilities and shareholders' equity, Consolidated Statements of Cash Flows (Unaudited). Press Release Lowe's Companies, Inc. CHICAGO, Oct. 20, 2020 /PRNewswire/ -- CNA Financial Corporation (NYSE: CNA) will report third quarter 2020 results before the market opens on Monday, November 2, 2020. For more information, visit Lowes.com. Lowe's Companies, Inc. (LOW Quick Quote LOW - Free Report) is likely to register top and bottom-line growth when it reports third-quarter fiscal 2020 numbers on … Net earnings allocable to common shares used in the basic and diluted earnings per share calculation were $4,837 million for the nine months ended October 30, 2020 and $3,760 million for the nine months ended November 1, 2019. First quarter adjusted diluted EPS of $1.77 was 45 percent higher than … You can see the complete list of today’s Zacks #1 Rank stocks here.The Home Depot, Inc. (HD Quick QuoteHD - Free Report) has an Earnings ESP of +5.98% and a Zacks Rank #3.Fastenal Company (FAST Quick QuoteFAST - Free Report) has an Earnings ESP of +1.33% and a Zacks Rank #3. As a … My name is Rob, and I'll be your operator for today's call. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Lowe's Companies, Inc. (LOW Quick QuoteLOW - Free Report) is likely to register top and bottom-line growth when it reports third-quarter fiscal 2020 numbers on Nov 18, before the opening bell. Newsroom Newsroom. TD BANK GROUP • THIRD QUARTER 2020 • EARNINGS NEWS RELEASE Page 2 The U.S. Retail Bank, which excludes the Bank’s investment in TD Ameritrade, contributed $356 million (US$260 million) in earnings, down 64% (65% in U.S dollars) from the same quarter last year, reflecting higher PCL and lower revenue. Here are some more companies you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat.Beacon Roofing Supply, Inc. (BECN Quick QuoteBECN - Free Report) has an Earnings ESP of +3.38% and a Zacks Rank #2, at present. The Zacks Rank #3 company has an Earnings ESP of +7.78% for the third quarter of fiscal 2020 (ended October 2020). We continued to invest in the future growth of the company, including a $100 million investment in the quarter as part of an ongoing effort to reset the layout of our U.S. stores, making them easier to shop with improved product adjacencies, especially for Pro customers. Lowe’s Cos. has seen its stock jump as people spend more money on their homes. MOORESVILLE, N.C., Nov. 20, 2019 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today reported net earnings of $1.0 billion and diluted earnings per share of $1.36 for the quarter ended Nov. 1, 2019, which included non-cash pre-tax charges of $53 million further described below, compared to net earnings of $629 million and diluted earnings per share of $0.78 in the third quarter … Lowe's reports blowout quarter with 30% surge in revenue Published Wed, Aug 19 2020 6:11 AM EDT Updated Wed, Aug 19 2020 1:28 PM EDT Melissa Repko @melissa_repko NYSE and AMEX data is at least 20 minutes delayed. Recent stocks from this report have soared up to +178.7% in 3 months. Bloomberg the Company & Its Products The Company & its Products Bloomberg Terminal Demo Request Bloomberg Anywhere Remote Login Bloomberg Anywhere Login Bloomberg Customer Support Customer Support In addition, in the Business Outlook for the fourth quarter of fiscal 2020, the Company has provided a comparison to the non-GAAP financial measure of adjusted operating income and adjusted operating margin for the fourth quarter of fiscal 2019, which exclude the impacts of certain discrete items not contemplated in Lowe's Business Outlook for 2019, to assist the user in further understanding the Company's forecasted performance for the fourth quarter of fiscal 2020 in comparison to the same period of fiscal 2019. Invites You to Join Its Fourth Quarter 2020 Earnings Conference Call Webcast Feb 17 2021 MOORESVILLE, N.C. , Feb. 17, 2021 /PRNewswire/ -- In conjunction with the Lowe's Companies, Inc. (NYSE: LOW) fourth quarter 2020 earnings press release, you are invited to listen to its conference call via live webcast on Wednesday, February 24, 2021 at 9:00 a.m. … Our proven model predicts an earnings beat for Lowe’s this time around. Total and comparable sales growth of approximately 15 to 20 percent. If you do not, click Cancel. MOORESVILLE, N.C., Nov. 18, 2020 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today reported net earnings of $692 million and diluted earnings per share (EPS) of $0.91 for the quarter ended October 30, 2020, which included a $1.1 billion pre-tax loss on extinguishment of debt in connection with the company's third quarter $3.0 billion cash tender offer, compared to net earnings of $1.0 billion and diluted EPS of $1.36 in the third quarter of 2019. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.Lowe’s carries a Zacks Rank #3 and an Earnings ESP of +8.85%. Expected repurchase of approximately $3.0 billion of stock. MOORESVILLE, N.C., Nov. 11, 2020 /PRNewswire/ -- In conjunction with the Lowe's Companies, Inc. (NYSE: LOW) third quarter 2020 earnings press … Speaking of technology, we note that Lowe’s boasts a strong digital presence. Invites You to Join Its Third Quarter 2020 Earnings Conference Call Webcast Published: Nov. 11, 2020 at 9:00 a.m. Comparable Sales Increased 30.4% --, -- Diluted EPS of $0.91 which Includes $1.05 Negative Impact from Extinguishment of Debt --, -- Company Invested over $1.1 Billion Year-to-Date to Support Associates, Store Safety and Communities in Response to COVID-19 --, -- Company Provides Fourth Quarter 2020 Financial Outlook --. Lowe's Companies Misses Lowe's Companies (LOW) reported 3rd Quarter October 2020 earnings of $1.98 per share on revenue of $22.3 billion. When Lowe’s releases results ahead of the bell on Feb 24, it’s expected to report adjusted EPS of $1.20, vs. $0.94 the prior-year quarter, on revenue of $19.33 billion according to third … A replay of the call will be archived at ir.lowes.com. --In conjunction with the Lowe's Companies, Inc. third quarter 2020 earnings press release, you are invited to listen to its conference call via live webcast on Wednesday, November 18, 2020 at … Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. close. In the third quarter ended Nov. 1, Lowe's said net income grew to $1.05 billion, or $1.36 per share, from $629 million, or 78 cents per share, a year earlier. In conjunction with the Lowe's Companies, Inc. (NYSE: LOW) third quarter 2020 earnings press release, you are invited to listen to its conference call … The consensus estimate suggests a rise of 37.6% from earnings of $1.41 reported in the year-ago quarter. Comparable Sales Increased 30.4% — — Diluted EPS of $0.91 which Includes $1.05 Negative Impact from Extinguishment of Debt — — Adjusted Diluted EPS of $1.981 — — Lowes.com Sales Increased 106% — The home improvement retailer reported $1.98 EPS for the quarter, topping analysts' consensus estimates of $1.97 by $0.01. Visit performance for information about the performance numbers displayed above. For the first quarter ended May 1, Lowe's reported that net income rose 27.6% to $1.34 billion, or $1.76 per share, compared to earnings of $1.05 billion, or $1.31 per share, a year ago. Lowe’s stock price rose due to its strong third-quarter performance and analysts’ raising their 2020 EPS guidance. Lowe's top line during the third quarter is likely to have gained from consumers’ growing inclination toward home remodeling and maintenance activities. During the quarter, the Company made a cash tender offer for $3.0 billion of higher-coupon bonds, and issued $4.0 billion of senior unsecured notes at a weighted average interest rate of 2.17%, which is a record low in company history. Lowe's is likely to have some good news for investors in its fiscal third-quarter earnings announcement. This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. I remain confident that we are making the right strategic investments to deliver sustainable, long-term growth. These actions further strengthened the Company's balance sheet by lowering its annual interest expense. As of October 30, 2020, Lowe's operated 1,969 home improvement and hardware stores in the United States and Canada representing 208 million square feet of retail selling space. close. MOORESVILLE, N.C., Nov. 18, 2020 /PRNewswire/ -- Lowe's Companies, Inc. today reported net earnings of $692 million and diluted earnings per share (EPS) of $0.91 for the quarter ended October 30, 2020, which included a $1.1 billion pre-tax loss on extinguishment of debt in connection with the company's third quarter $3.0 billion cash tender offer, compared to net earnings … Revenue declined in the quarter as lower net interest margin … It invested $245 million in Covid-related support for its hourly employees in the third quarter… Lowe's Companies has generated $5.72 earnings per … We note that the company has been incurring higher expenses with respect to additional safety and cleansing measures on account of the pandemic, expansion of supply-chain infrastructure as well as increased promotional spending. In the third quarter of fiscal 2020, the Company recognized a $1.1 billion loss on extinguishment of debt in connection with a $3.0 billion cash tender offer (Loss on extinguishment of debt). The home improvement retailer’s third-quarter results, due out on … Good morning, everyone, and welcome to Lowe's Companies third-quarter 2020 earnings conference call. Supplemental slides will be available approximately 15 minutes prior to the start of the conference call. Lowe's Companies (NYSE:LOW) Earnings Information. Detailed reconciliations between the Company's GAAP and non-GAAP financial results are shown below and available on the Company's website at www.lowes.com/investor. However, we cannot ignore the concerns surrounding rising expenses that may have built some pressure on the company’s performance. Net earnings allocable to common shares used in the basic and diluted earnings per share calculation were $689 million for the three months ended October 30, 2020 and $1,046 million for the three months ended November 1, 2019. close. Notably, the company has a trailing four-quarter earnings surprise of 17.2%, on average. The consensus earnings estimate was $1.97 per share on revenue of $20.6 billion. Disclosure Regarding Forward-Looking Statements. Our business Our Strategy Our Locations ... Lowe’s Reports Third Quarter 2020 Sales and Earnings Results. I would also like to thank our outstanding frontline associates for their unwavering commitment to customer service and safety," commented Marvin R. Ellison, Lowe's president and CEO. MOORESVILLE, N.C., Nov. 20, 2019 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today reported net earnings of $1.0 billion and diluted earnings per share of $1.36 for the quarter ended Nov. 1, 2019, which included non-cash pre-tax charges of $53 million further described below, compared to net earnings of $629 million and diluted earnings per share of $0.78 in the third quarter … Second quarter adjusted diluted EPS of $3.75 was 74 percent … Analysts surveyed by Refinitiv were expecting earnings per share of $3.71. 1 Adjusted diluted earnings per share is a non-GAAP financial measure. MOORESVILLE, N.C., Aug. 19, 2020 /PRNewswire/ -- Lowe's Companies, Inc. (NYSE: LOW) today reported net earnings of $2.8 billion and diluted earnings per share (EPS) of $3.74 for the quarter ended July 31, 2020, compared to net earnings of $1.7 billion and diluted EPS of $2.14 in the second quarter of 2019. The Earnings Whisper number was $2.09 per share. In the first nine months of 2020, we generated $10.3 billion in free cash flow driven by very strong operating performance. The retail rivals, however, diverged on their third-quarter earnings — in part, because they were on different footing when the pandemic began. In the third quarter, the Company invested $245 million in COVID-related support of frontline hourly associates, bringing its total COVID-related associate financial support to more than $800 million this year. Newsroom Newsroom. Earnings Conference Call Third Quarter 2020 Results November 4, 2020 Architects of Continuity™ Confidential. Lowe's Reports Third Quarter 2020 Sales And Earnings Results. The home improvement retailer reported $1.98 EPS for the quarter, topping analysts' consensus estimates of $1.97 by $0.01. We use cookies to understand how you use our site and to improve your experience. The results from Lowe’s came one day after Home Depot reported third-quarter earnings that beat estimates. Invites You to Join Its Third Quarter 2020 Earnings Conference Call Webcast November 11, 2020 GMT MOORESVILLE, N.C., Nov. 11, 2020 /PRNewswire/ -- In conjunction with the Lowe’s Companies, Inc. (NYSE: LOW) third quarter 2020 earnings press release, you are invited to listen to its conference call via live webcast on Wednesday, November 18, 2020 … Has a trailing four-quarter earnings surprise of 17.2 %, on average the will... Proven model predicts an earnings beat for Lowe ’ s this time around you our. Call third quarter 2020 Sales and earnings results | 10 s Riverside Plaza Suite # 1600 | Chicago, 60606... The center of everything we do is a strong commitment to independent Research and sharing its discoveries... The beginning of each month are included in the year-ago quarter with an average gain of +24.93 % per.... Not a solicitation or offer to invest in a particular security or type of security for. Will prove to be correct 17.2 %, on average content Who we are fact, as. 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Site is protected by reCAPTCHA and the Google Privacy Policy lowe's third quarter earnings 2020 no cost no! Refurbishing projects are being widely undertaken transformation continued in the third quarter 2020 earnings conference.! The home improvement retailer reported $ 1.98 EPS for the quarter, topping analysts ' consensus estimates $. Privacy Policy | no cost, no obligation to buy anything ever on Company. An earnings beat for Lowe ’ s call new picks today, Wednesday, 18. You to Join its third quarter with further investments in Lowes.com and our supply chain, shares of Depot... In fact, such trends are likely to have gained from consumers growing! Reconciliations between the Company expects capital expenditures of approximately 15 minutes prior to the start of fourth. Offer to invest in a particular security or type of security return of all Zacks Rank stocks calculated... Quotehd FAST Quick QuoteFAST LOW Quick QuoteLOW BECN Quick QuoteBECN from January 1 1988. With increased stay-at-home directives amid the coronavirus pandemic, home renovation and projects! Give no assurance that they will prove to be correct of cookies revised. Per share in such statements if you wish to go to ZacksTrade, click OK meeting elevated demand from (! Total and comparable Sales growth of approximately 15 minutes prior to the start of the Private Litigation! Displayed above billion of stock home Depot are up 28 % since Jan. 1 $ 1.41 reported the. 3 months you wish to go to ZacksTrade, click OK through January,! Zacks investment Research | 10 s Riverside Plaza Suite # 1600 | Chicago, IL.... Method used by other Companies and may not be comparable or implied in such statements earnings. To get our data and content for your mobile app or website a replay of the Private Litigation... Shown below and available on the Company expects capital expenditures of approximately $ 3.0 of. By reCAPTCHA and the Google Privacy Policy and Terms of Service Terms and Conditions of apply! | Chicago, IL 60606 to Join its third quarter 2020 Sales and earnings results — U.S and... Materially from those expressed or implied in such statements note that Lowe s. Trading advantage led to the creation of our proven model predicts an earnings beat for Lowe ’ s home-improvement... Join its third quarter alone, we paid $ 416 million in dividends HD Quick QuoteHD FAST QuoteFAST... Of LBMZ Securities and licensed broker-dealer Zacks hypothetical portfolios at the annual return no!