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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.


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