== Lowe's (LOW) reported earnings Wed 18 Nov 2015 (before open)

** charts before earnings **





** charts after earnings **

Lowe's beats by $0.01, reports revs in-line; reaffirms FY16 EPS guidance, revs guidance  :

• Reports Q3 (Oct) earnings of $0.80 per share, $0.01 better than the Capital IQ Consensus of $0.79; revenues rose 5.0% year/year to $14.36 bln vs the $14.35 bln Capital IQ Consensus.
• Co reaffirms guidance for FY16, sees EPS of ~$3.29 vs. $3.31 Capital IQ Consensus Estimate; sees FY16 revs of +4.5-5.0% to ~$58.75-59.0 bln vs. $58.99 bln Capital IQ Consensus Estimate.
  • Comparable sales are expected to increase 4 to 4.5%
  • The company expects to add 15 to 20 home improvement and hardware stores