Lowe’s Likely To Report Lower Q4 Earnings; Here Are The Recent Forecast Changes From Wall Street’s Most Accurate Analysts

Lowe’s Companies, Inc. (NYSE: LOW) is expected to release earnings results for its fourth quarter, before the opening bell on Feb. 27, 2024.

Analysts expect the Mooresville, North Carolina-based company to report quarterly earnings at $1.68 per share, down from year-ago earnings of $2.28 per share. Lowe’s is projected to report quarterly revenue of $18.45 billion, compared to $22.45 billion in the year-earlier quarter, according to data from Benzinga Pro.

Lowe’s, last month, named Margi Vagell as executive vice president, supply chain, effective March 1, 2024.

Lowe’s shares fell 0.5% to close at $231.32 on Monday.

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