Lowe's: Q3 results above expectations.
(CercleFinance.com) - Lowe's reported Q3 earnings of 872 million dollars, or 1.
05 dollar per share, with EPS up 19% year-on-year, exceeding the consensus by three cents.
Revenues from the home improvement chain rose by 6.5% to 16.8 billion dollars, up 5.7% like-for-like. The group attributed 200 million dollars in revenue to the hurricanes that hit the United States over the period.
Over the full year, the Mooresville, North Carolina-based group expects EPS of between 4.20 dollars and 4.30 dollars, with revenues up approximately 5%, including around 3.5% growth at constant stores.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
05 dollar per share, with EPS up 19% year-on-year, exceeding the consensus by three cents.
Revenues from the home improvement chain rose by 6.5% to 16.8 billion dollars, up 5.7% like-for-like. The group attributed 200 million dollars in revenue to the hurricanes that hit the United States over the period.
Over the full year, the Mooresville, North Carolina-based group expects EPS of between 4.20 dollars and 4.30 dollars, with revenues up approximately 5%, including around 3.5% growth at constant stores.
Copyright (c) 2017 CercleFinance.com. All rights reserved.