© Reuters. Lowe’s Q4 Earnings Preview: DIY Revenues, Online Struggles, Timber Troubles, A Silver Lining In Home Improvement
Benzinga – by Surbhi Jain, .
Lowe’s Companies (NYSE:LOW) will be reporting its fourth-quarter earnings on Feb. 27. Wall Street expects $1.68 in EPS and $18.45 billion in revenues as the company reports before market hours.
The company is known for being a prominent American home improvement and appliance retailer, offering a wide range of products for DIY enthusiasts and homeowners. Its competition is Home Depot Inc (NYSE:HD) which also focuses on the same customer base. Both company’s stocks have done well over the past year, albeit Home Depot’s has outperformed Lowe’s price ascent.
Here’s what analysts will focus on for Lowe’s fourth quarter and how its stock currently maps against Wall Street estimates.
Lowe’s Investment Thesis
Lowe’s stock faced challenges in the fourth quarter, marked by softness in the DIY segment, online sales struggles and the impact of lumber deflation. With a significant 75% of revenues tied to the DIY…
