Investing.com – Lowe’s (NYSE:) reported third quarter that beat analysts’ expectations on Wednesday and revenue that fell short of forecasts.
The firm reported earnings per share of $1.41 on revenue of $17.39B. Analysts polled by Investing.com forecast EPS of $1.35 on revenue of $17.69B. That compared to EPS of $1.04 on revenue of $17.42B in the same period a year earlier. The company had reported EPS of $2.15 on revenue of $20.99B in the previous quarter.
Lowe’s follows other major Services sector earnings this month
On October 24, Amazon.com reported third quarter EPS of $4.23 on revenue of $69.98B, compared to forecasts of EPS of $4.61 on revenue of $68.83B.
Alibaba ADR earnings beat analysts’ expectations on November 1, with second quarter EPS of $13.1 on revenue of $119.02B. Investing.com analysts expected EPS of $10.75 on revenue of $116.96B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.