Back to top
We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Image: Bigstock
Your Two Minute Earnings Preview for Lowe's (LOW) Stock
This quick video takes a closer look at Lowe’s (LOW - Free Report) stock ahead of its earnings report. This home improvement giant missed estimates last quarter and shares have been volatile, so this coming report will definitely put the pressure on this stock.
Unfortunately for investors, the company has seen sluggish earnings estimate revisions as of late, and it now has a negative Earnings ESP. The company also has a Zacks Rank #4 (Sell), so the trend isn’t looking good for LOW this earnings season. The only positive appears to be the company’ strong rating on the fundamental front, as Lowe’s has a VGM score of ‘A’ thanks to its impressive growth and value metrics.
LOWES COS Price, Consensus and EPS Surprise
LOWES COS Price, Consensus and EPS Surprise | LOWES COS Quote
But with a low rank and negative ESP, this could be one for investors to watch out for this earnings season, as some might be better off looking to other names in the space. Still, with a bottom 10% industry rank, this could be an area that might be an ‘avoid’ this earnings season, at least until we figure out what is ahead in terms of rates and the general economic outlook for the U.S.
Lowe’s reports before the bell on 11/16 and we are looking for earnings of $1.11 per share. Make sure to watch the video for a quick guide to LOW stock heading into the report, but if you want to learn more about trading in earnings season, check out our Zacks Live Trader below for additional information on ways to use options to trade stocks around their quarterly reports: