Lowe’s Companies, Inc. (NYSE: LOW) reported its fourth quarter 2024 earnings results today.
Total sales were $18.6 billion, flat compared to the same period a year ago. Comparable sales increased 0.2%.
Net earnings were $1.1 billion, or $1.99 per share, compared to $1 billion, or $1.77 per share, last year. Adjusted EPS was $1.93.
Revenue and earnings beat estimates, sending the stock up over 2% in premarket hours on Wednesday.
For full year 2025, LOW expects total sales of $83.5-84.5 billion. Comparable sales is expected to be flat to up 1% compared to the prior year. EPS is expected to be approx. $12.15-12.40.
The post Lowe’s (LOW) Q4 2024 Earnings: Key financials and quarterly highlights first appeared on AlphaStreet.
—
Blog powered by G6
Disclaimer! A guest author has made this post. G6 has not checked the post. its content and attachments and under no circumstances will G6 be held responsible or liable in any way for any claims, damages, losses, expenses, costs or liabilities whatsoever (including, without limitation, any direct or indirect damages for loss of profits, business interruption or loss of information) resulting or arising directly or indirectly from your use of or inability to use this website or any websites linked to it, or from your reliance on the information and material on this website, even if the G6 has been advised of the possibility of such damages in advance.
For any inquiries, please contact legal@gsix.org