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News  ›  Investing.com

Lowe’s Mixed Quarter Still Points to a Stock Setting Up for a Range Rebound

Investing.com Logo Investing.com By Thomas Hughes
Lowe’s Mixed Quarter Still Points to a Stock Setting Up for a Range Rebound

Lowe's reported mixed Q3 results with 3.2% revenue growth and $3.06 adjusted earnings, outperforming Home Depot. Despite macroeconomic headwinds, the company maintained growth and margins, with analysts maintaining a Moderate Buy rating and forecasting potential 20% upside.

Insights
FANG   neutral

Mentioned as a potential power supply partner with no detailed analysis


LOW   positive

Strong Q3 performance with revenue growth, earnings exceeding consensus, improved professional services, strategic acquisitions, and analysts' Moderate Buy rating with potential 20% upside