Lowe's beats Wall Street expectations against 'challenging' housing backdrop | The BriefWire
Lowe's beats Wall Street expectations against 'challenging' housing backdrop
Published on 5/20/2026, 10:25:00 AM
Key points
People wait in line outside Lowes in the aftermath of Hurricane Milton on October 10, 2024 in Englewood, Florida.
Lowe's on Wednesday reported quarterly results that beat expectations on the top and bottom lines and reaffirmed its full-year outlook.
Shares of the company sank slightly in premarket trading.
Here's how the company performed in its first fiscal quarter compared with Wall Street estimates, according to a survey of analysts by LSEG Earnings per share: $3.03 adjusted vs.
$2.97 expected $3.03 adjusted vs.
Quick context: People wait in line outside Lowes in the aftermath of Hurricane Milton on October 10, 2024 in Englewood, Florida.
The BriefWire