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


RTTNews | Aug 18, 2021 06:04AM EDT

06:04 Wednesday, August 18, 2021 (RTTNews.com) - 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.

Read the original article on RTTNews ( https://www.rttnews.com/3219534/lowe-s-cos-q2-adjusted-earnings.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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