Lowe's Companies (NYSE:LOW) Releases Quarterly Earnings Results, Beats Expectations By $0.07 EPS

Market Beat
2026.05.20 13:15
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Lowe's Companies (NYSE:LOW) reported quarterly earnings of $3.03 EPS, exceeding expectations by $0.07. Revenue reached $23.08 billion, surpassing estimates of $22.98 billion, marking a 10.3% year-over-year increase. The company updated its FY 2026 EPS guidance to 12.250-12.750. Additionally, Lowe's announced a quarterly dividend of $1.20 per share, yielding 2.2%. Analysts maintain a consensus rating of 'Moderate Buy' with a price target of $283.76.