Lowe’s Companies Earnings: Your Sneak Peek to the Big Announcement

Lowe’s Companies (NYSE:LOW) will report earnings before markets open on Wednesday, May 22nd. Lowe’s Companies, Inc. is a home improvement retailer that distributes building materials and supplies through stores in the United States. The Company offers a complete line of products and services for home decorating, maintenance, repair, remodeling, and property maintenance.

Here is your Cheat Sheet to Lowe’s Companies Earnings:

Earnings Expectations: Analysts expect earnings of $0.51 per share on revenues of $13.48 billion. Currently, the company’s P/E ratio stands at 25.58.

Analyst Trends:

Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.78 to a profit $0.77. For the current year, the average estimate is a profit of $2.08, which is worse than the estimate ninety days ago.

Earnings Trends:

Here’s how Lowe’s Companies has been performing on an annual basis:

Fiscal Year 2009 2010 2011 2012 2013
Revenue ($) in millions 48,230 47,220 48,820 50,210 50,520
Diluted EPS ($) 1.49 1.21 1.42 1.43 1.69

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Jan. 31, 2012 Apr. 30, 2012 Jul. 31, 2012 Oct. 31, 2012 Jan. 31, 2013
Revenue ($) in millions 11,630 13,150 14,250 12,070 11,050
Diluted EPS ($) 0.2607 0.43 0.64 0.35 0.2597

Past Performance:
Lowe’s Companies has beat analyst estimates 3 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)