BUZZ-Lowe's rises as Q4 beat overshadows downbeat annual sales forecast
ReutersFeb 26, 2025 11:21 AM
Home improvement firm Lowe's LOW.N shares up 2.7% at $249 premarket
Q4 net sales of $18.55 billion beat analysts' expectation of $18.31 billion, according to data compiled by LSEG
Adjusted earnings per share of $1.93 also topped estimates of $1.84
However, annual comparable sales forecast came in largely below Wall Street estimates
Expects annual EPS in the range of $12.15 to $12.40, compared to estimates of $12.49
Shares rose 10.9% in 2024
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