Housing

Earnings Duel: Lowe's Vs. Home Depot (LOW, HD)

This week we’ll get to see earnings out of home improvement giants Lowe’s Companies Inc. (NYSE: LOW) and Home Depot Inc. (NYSE: HD).

Lowe’s Companies Inc. (NYSE: LOW) reports earnings on Monday.  First Call has estimates pegged at $0.40 EPS on $12.36 Billion in revenues.  Estimates for next quarter are $0.56 EPS on $14.37 Billion in revenues, and fiscal Jan-2009 estimates are $1.54 EPS on $49.35 Billion in revenues.  Analysts have an average price target of just over $28.20 and shares closed at $24.89 Friday.  Its 52-week range is $19.94 to $33.19 and its market cap is roughly $36.4 Billion.

Home Depot Inc. (NYSE: HD) reports its earnings Tuesday.  First Call has estimates pegged at $0.37 EPS on $17.6 Billion in revenues.  Estimates for next quarter are $0.66 EPS on $20.88 Billion in revenues, and fiscal Jan-2009 estimates are $1.76 EPS on $72.68 Billion in revenues.  Analysts have an average price target of just over $31.50 and shares closed at $29.10 Friday.  Its 52-week range is 23.77 to $41.19 and its market cap is roughly $49.2 Billion.

While both companies may give guidance for the coming quarter, there is one thing that might be a total wild card beyond the following quarter: hurricane season.

Jon C. Ogg
May 18, 2008

Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)

Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.

Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.

Click here now to get started.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.