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Lowe's Earnings Preview: JPMorgan Analyst Says Home Improvement Retailer May Cut Guidance

Benzinga ·  Aug 19 14:59

$Lowe's Companies (LOW.US)$'s second quarter financial results due Tuesday before the market open could be closely watched by investors and analysts for clues on consumer spending on home repairs and the impact it could have on the housing sector.  

Lowe's Earnings Estimates:Analysts expect Lowe's to report second-quarter revenue of $23.91 billion, according to data from Benzinga Pro.

The company reported revenue of $24.96 billion in last year's second quarter. Lowe's has beaten analyst revenue estimates in three of the last five quarters, including two straight quarters.

Analysts expect the company to report second-quarter earnings per...

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