Lowe’s Q3 Earnings Anticipation Drives Options Market Activity
Home improvement retailer Lowe’s (LOW) faces heightened volatility expectations as it prepares to report third-quarter earnings. Options traders are pricing in a 5.08% move—more than double the stock’s average post-earnings swing—amid persistent sector headwinds.
Wall Street anticipates modest growth, with EPS projected at $2.97 (up 2.8% YoY) and revenue at $20.83 billion (3.3% growth). Analyst sentiment remains cautious, evidenced by Stifel’s price target cut to $230, reflecting broader concerns about delayed recovery in home improvement markets.