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Your Two Minute Earnings Preview for Lowe's (LOW) Stock

LOW

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This quick video takes a closer look at Lowe’s (LOW - Free Report) stock ahead of its earnings report. This home improvement giant missed estimates last quarter and shares have been volatile, so this coming report will definitely put the pressure on this stock.  

Unfortunately for investors, the company has seen sluggish earnings estimate revisions as of late, and it now has a negative Earnings ESP. The company also has a Zacks Rank #4 (Sell), so the trend isn’t looking good for LOW this earnings season. The only positive appears to be the company’ strong rating on the fundamental front, as Lowe’s has a VGM score of ‘A’ thanks to its impressive growth and value metrics.

LOWES COS Price, Consensus and EPS Surprise

LOWES COS Price, Consensus and EPS Surprise | LOWES COS Quote

But with a low rank and negative ESP, this could be one for investors to watch out for this earnings season, as some might be better off looking to other names in the space. Still, with a bottom 10% industry rank, this could be an area that might be an ‘avoid’ this earnings season, at least until we figure out what is ahead in terms of rates and the general economic outlook for the U.S.

Lowe’s reports before the bell on 11/16 and we are looking for earnings of $1.11 per share. Make sure to watch the video for a quick guide to LOW stock heading into the report, but if you want to learn more about trading in earnings season, check out our Zacks Live Trader below for additional information on ways to use options to trade stocks around their quarterly reports:


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