BTCC
/
BTCC Square
/
Global Cryptocurrency
/
Lowe’s Earnings Preview: Analysts Cautious Despite Consistent Beat Record
Lowe’s Earnings Preview: Analysts Cautious Despite Consistent Beat Record
7
3
BTCCSquare news:
Home improvement retailer Lowe’s (LOW) faces tempered expectations ahead of its Q2 earnings report on August 20. Analysts project $4.24 EPS and $23.95 billion revenue—modest YoY growth of 3.4% and 1.5% respectively. The widening gap between earnings and revenue growth signals operational efficiency, even as customer transactions decline post-pandemic.
Evercore ISI’s tactical underperform rating contrasts with Lowe’s 15% monthly rally, suggesting the stock may be overheated. Stifel’s price target adjustment reflects divided sentiment. Market watchers await confirmation of full-year guidance amid macroeconomic crosscurrents.
By:
