Thursday, May 19, 2016

Lowe's Companies Inc. (LOW) Broke Out To A New High After Q1 Profit Beat

Lowe's Companies Inc. (LOW) reported first quarter EPS of $0.98 Wednesday morning, up from $0.70 in the prior year period. Analysts expected EPS of $0.85. The company also increased its full year 2016 EPS forecast to $4.11, from prior expectations of $4.00. The consensus estimate is for EPS of $4.00.

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