Benzinga | May 19, 2021 06:01AM EDT

Lowe's Companies Q1 Adj. EPS $3.21 Beats $2.54 Estimate, Sales $24.40B Beat $23.35B Estimate

Lowe's Companies (NYSE:LOW) reported quarterly earnings of $3.21 per share which beat the analyst consensus estimate of $2.54 by 26.38 percent. This is a 81.36 percent increase over earnings of $1.77 per share from the same period last year. The company reported quarterly sales of $24.40 billion which beat the analyst consensus estimate of $23.35 billion by 4.50 percent. This is a 24.02 percent increase over sales of $19.68 billion the same period last year.