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Why Lowe's Companies Stock Just Popped

TheMotleyFool

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Hard on the heels of Home Depot's (NYSE: HD) earnings miss, archrival Lowe's Companies (NYSE: LOW) reported an earnings beat today, sending its stock up 5.1% through 11:05 a.m. ET.

Analysts forecast the retailer would report $2.95 per share in Q3 on sales of $20.84 billion. Lowe's actually earned $3.06 per share, although sales were only $20.81 billion.

Image source: Getty Images.

Source Fool.com

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