18.08.2021 12:04:27

Lowe's Cos. Q2 adjusted earnings

(RTTNews) - Lowe's Cos. (LOW) reported a profit for its second quarter that climbed from last year.

The company's profit came in at $3.02 billion, or $4.25 per share. This compares with $2.83 billion, or $3.74 per share, in last year's second quarter.

Analysts had expected the company to earn $4.00 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 1.0% to $27.57 billion from $27.30 billion last year.

Lowe's Cos. earnings at a glance:

-Analysts Estimate: $4.00 -Revenue (Q2): $27.57 Bln vs. $27.30 Bln last year.

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Lowe's Companies Inc. 253,35 -0,43% Lowe's Companies Inc.