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
Get Ready To Retire (Sponsored)
Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Get started right here.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
