Lowe's Fiscal Q4 Earnings Rise, Revenue Falls -- Shares Up Pre-Bell

MT Newswires Live
26 Feb

Lowe's (LOW) reported fiscal Q4 earnings Wednesday of $1.99 per diluted share, up from $1.77 a year earlier.

Analysts polled by FactSet expected $1.87.

Revenue for the quarter ended Jan. 31 was $18.55 billion, down from $18.60 billion a year earlier. Analysts surveyed by FactSet expected $18.30 billion.

The home improvement company said it expects fiscal 2025 earnings of $12.15 to $12.40 per diluted share. Analysts polled by FactSet expect $12.48.

The company said it expects revenue for the year of $83.5 billion to $84.5 billion. Analysts surveyed by FactSet expect $84.56 billion.

The company's shares were up nearly 3% in recent premarket activity.

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