Lowe's Companies Reduces Earnings Outlook
Lowe's (NYSE: LOW) investors had modest expectations heading into this week's earnings report, given that the retailer has consistently trailed Home Depot (NYSE: HD) on key growth and profitability metrics.
That performance gap continued in the second quarter, and contributed to a reduced full-year earnings forecast. More on that slipping outlook in a moment. First, here's how the headline results stacked up against the prior-year period:
Metric
Source: Fool.com
Home Depot Inc. Stock
€310.15
0.150%
The stock is one of the favorites of our community with 41 Buy predictions and 4 Sell predictions.
As a result the target price of 360 € shows a slightly positive potential of 16.07% compared to the current price of 310.15 € for Home Depot Inc..
