Lowe’s Anticipated Earnings and Analyst Forecasts Ahead of Q1 Report
With a market cap of $123.8 billion, Lowe’s Companies, Inc. (LOW) stands as a prominent player in the U.S. home improvement sector, catering to homeowners, renters, and professionals. The company provides a variety of national and private brand-name products, ranging from building materials to appliances and garden supplies, sold both in-store and online. Additionally, Lowe’s offers installation and repair services through independent contractors.
Upcoming Fiscal Report and Earnings Expectations
Located in Mooresville, North Carolina, Lowe’s is set to announce its fiscal Q1 2025 earnings results before the market opens on Wednesday, May 21. Analysts predict that LOW will report an adjusted EPS of $2.89, reflecting a 5.6% decrease from $3.06 in the same quarter last year. Notably, the company has surpassed Wall Street earnings expectations in the last four quarters.
Fiscal Year Projections
For the full fiscal year 2025, analysts forecast an adjusted EPS of $12.25, marking a 2.1% increase from $12 in fiscal 2024. Looking further ahead, projected adjusted EPS is expected to rise by 9.8% year-over-year to reach $13.45 in fiscal 2026.
Stock Performance and Market Context
Shares of LOW have dropped 3.9% over the last year, lagging behind both the S&P 500 Index’s ($SPX) 8.4% gain and the Consumer Discretionary Select Sector SPDR Fund’s (XLY) 9.9% rise.
On February 26, shares of LOW increased by 1.9% after the company revealed strong Q4 2024 results, including an adjusted EPS of $1.93. Despite experiencing flat revenue at $18.6 billion, these results surpassed expectations. Investors were also encouraged by robust performance in the Pro customer segment and growth in online sales, the result of strategic investments through the Total Home and omnichannel initiatives.
Lowe’s has also reaffirmed its focus on returning value to shareholders, allocating $1.4 billion for share repurchases and $650 million for dividends, enhancing investor confidence.
Analyst Sentiment on Lowe’s Stock
Market analysts hold a cautiously optimistic view of Lowe’s Companies’ stock, assigning it a “Moderate Buy” rating overall. Out of 32 analysts covering the stock, 21 recommend “Strong Buy,” one suggests “Moderate Buy,” nine indicate “Hold,” and one rates it as “Strong Sell.” Currently, LOW is trading below the average analyst price target of $275.94.
On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information, please view the Barchart Disclosure Policy here.
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